Wednesday, March 22, 2006 2:27:42 PM
SMH & bollingers (chart)
price is moving away from lower bollinger and during a downtrend, the next logical target is mid-line, i would rather short semis at midline or long at the next lower bollinger, which ever is first,
also, the link shows weekly cci, weekly stoch and daily macd, look for those signals to break out for a rally confirmation (no time frame)
http://stockcharts.com/h-sc/ui?s=SMH&p=D&yr=0&mn=4&dy=0&id=p59722979453
price is moving away from lower bollinger and during a downtrend, the next logical target is mid-line, i would rather short semis at midline or long at the next lower bollinger, which ever is first,
also, the link shows weekly cci, weekly stoch and daily macd, look for those signals to break out for a rally confirmation (no time frame)
http://stockcharts.com/h-sc/ui?s=SMH&p=D&yr=0&mn=4&dy=0&id=p59722979453
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
