SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Pierre who wrote (1857)3/17/1998 11:16:00 PM
From: Ms. X  Respond to of 34822
 
Jabil is in a very precarious position just giving three consecutive sell signals and trading below its bearish resistance line. Next sell signal is at 37.
But you asked about SANM:
Trading above bullish support, RS strong, momentum positive and just gave a double top buy signal. All very good. Resistance at 81 and vertical count gives it 96. Stop of 70, two double bottom breaks. You would be chasing it at these levels which is not suggested since the sector is weak. Best to get some sort of pullback to 74/75.

Best of luck,

Jan