The daily and weekly SOX chart are wound up very tight. KLAC and AMAT broke out of consolidation. There could be some very nice ST trading profits on the long side here. To me, the daily and weekly SOX charts look poised for a "volatility breakout" which has been my favorite trading strategy through the years.
Watch the SOX Here
Started by
Cirrus
, Apr 12 2007 11:12 AM
1 reply to this topic
