4 replies to this topic

[SemiBizz]

Fundamentals...
1- on the verge of announcing a new CFO - last one terminated over options.
2- MRVL bot INTC chip business that supplies guts of RIMM product, being transferred out of EXPENSIVE INTC fabs now into Asian Foundries for a substantial cost reduction.

Technicals...

http://bigcharts.mar...&mocktick=1.gif

Classic Selling Climax occured on 8/25... untested high volume high from 2/27.

Edited by SemiBizz, 16 October 2007 - 10:24 AM.

[ogm]

Ok, I'll join you. Lets see what it can do Momentum on daily turned up now. BRCM is flying. Means its not all lost for semis. I think INTC will be good news too.

Edited by ogm, 16 October 2007 - 10:44 AM.

[skyymaster]

I was playing around with the 5 year chart on this. Oddly, the downtrend line stopped the ascent right at 17.37~. I connected the top at 36.83 from Feb 2006 to July 23 2007 (19.90). FWIW. Will look for a break above 17.44 on weekly charts for confirmation. Of course more then one way to analyze this. FWIW.

[SemiBizz]

I was playing around with the 5 year chart on this. Oddly, the downtrend line stopped the ascent right at 17.37~. I connected the top at 36.83 from Feb 2006 to July 23 2007 (19.90). FWIW.

Will look for a break above 17.44 on weekly charts for confirmation. Of course more then one way to analyze this. FWIW.

My best guess is that when this one goes, it's on a gap up and away.

[slupert]

overbought and rolling over isn't it?