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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: R Stevens who wrote (4113)	6/25/1998 11:27:00 AM
From: Ms. X	Read Replies (5) \| Respond to of 34806

Semiconductors, Bull Alert. Semi's reversed up yesterday giving the sector a Bull Alert and great field position. I've searched for stocks in this sector whose RS has remained in X's, above trend line and whose momentums are positive. Some charts below. BRCM Broadcom Communications . On a high pole. Looks volatile. 61 would be a nice price entry. With a high pole it would be nice to get a column of O's and then a reversal back up for entry. RMBS Rambus Inc. On a high pole too. Same applies here too. PMCS PMC Sierra Inc. Momentums positive. Price objective 61. Would be nice on pullback. 51 X 50 -------------X O --------X ------------ 49 X O X 48 X O X 47 X X O X 46 X O 5 O X X <--Nice pullback 45 ---------X O X O --X O X -------- 44 X O X O X O X 43 X O X O X O X 42 X O O X O X 41 X O X X O 40-----------4 ----O X O X ---------------- 39 X X O X O X 38 X O X O X 6 * 37 X X O X O * 36 X O X O X * <--Stop point. 35---2 O X O ----------* ------------------ 34 X O X * 33 X 3 * 32 X * 31 O X * SDLI SDL Inc Momentums positive. No price objective yet. Nice on a Pullback to 22. 26 X O 25-------X O ----X -- 24 X O X O X 23 X X O X 6 O X 22 X O X 5 X O X O X 21 X O X O X O X O X 20---X O X O X O --O X ------------ 19.5 X 3 X O X O X 19.0 X O X O ------O X ------------ 18.5 X O O <--Held support 18.0-2 ----------* ---------------- 17. X * 17.0 X ------* -------------------- VTSS Vitesse Semiconductor Corp Great looking chart. Momentums positive 30--------------------------------- 29 X X 28 X O X X 27 X O 6 O X 26 X X 5 X O X 25-------X O 4 O X O X ------------ 24 X O X O O * 23 X 2 3 X * <--Stop point 22 X O X O X * 21 X O X O * 20 --X O ----* -------------------- 19.5 X *