Edited by hiker, 17 July 2007 - 01:08 PM.
if already long KLAC
Started by
hiker
, Jul 17 2007 12:58 PM
1 reply to this topic
#1
hiker
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- TT Member*
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- 12,118 posts
independent trader
Posted 17 July 2007 - 12:58 PM
58.6 to 58.80 is of interest for risk management for long..just one idea
d/t line break on multi-year chart was posted here long ago..and some noteworthy chart services pointed it out.
a close above $55 was a major horizontal breakout on multi-yr basis
57.77 was the most recent multi-year high achieved recently
KLAC, TXN, INTC, CSCO, IBM, GE etc saying something here
QID failed at 41.77 early day level, so that was the place to sell QID
#2
JAP
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- Traders-Talk User
- 575 posts
Member
Posted 17 July 2007 - 10:24 PM
58.6 to 58.80 is of interest for risk management for long..just one idea
d/t line break on multi-year chart was posted here long ago..and some noteworthy chart services pointed it out.
a close above $55 was a major horizontal breakout on multi-yr basis
57.77 was the most recent multi-year high achieved recently
KLAC, TXN, INTC, CSCO, IBM, GE etc saying something here
QID failed at 41.77 early day level, so that was the place to sell QID
What's your opinion now after the AH sell off?
