Thursday, September 06, 2018 12:09:31 PM
This morning, the leading semiconductor equipment stocks are tumbling lower. Leading stocks such as KLA-Tencor Corp (NASDAQ:KLAC), Applied Materials Inc (NASDAQ:AMAT) and Lam Research Corp (NASDAQ:LRCX) are all trading down by 3.0 percent or more.
The big loser in the industry group is KLA-Tencor Corp (NASDAQ:KLAC). The stock is falling lower by 8.65 percent to $108.56 a share. The stock has very solid daily chart support around the $107.30 level, this area was successfully tested earlier today. Should KLAC stock fail to hold this support area on a daily chart closing basis then it would signal another decline in the near term for the shares. The next key support area for KLAC stock would be around the $103.00 level. This support area was where the stock was defended in late July and will likely be defended again if retested. I will be watching this level closely for a long trade in the next few weeks.
Nicholas Santiago
InTheMoneyStocks
Recent KLAC News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 08:05:54 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 02:40:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 08:30:57 PM
- KLA Corporation Announces Increase in Quarterly Dividend Level to $1.70 per share • PR Newswire (US) • 09/03/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:05:02 PM
- KLA Announces Upcoming Investor Webcasts • PR Newswire (US) • 08/20/2024 09:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 03:50:09 PM
- KLA Earns Third-Party Validation of Near-term, Science-based GHG Emissions Targets and Releases Annual Global Impact Report • PR Newswire (US) • 08/14/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:05:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:05:03 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/07/2024 02:22:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/07/2024 02:02:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:05:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:05:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:05:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 08:05:05 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/06/2024 03:01:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/06/2024 02:17:23 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/06/2024 01:59:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:05:03 PM
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