AI
Wednesday, February 25, 2004 2:13:33 PM
KLIC chart (momo play) hit a lower low yesterday nearly 12, and just like it used to bounce off 13.25, it bounced off 12.25. All included in our lead chart for yesterday including potential areas of upside. Next test for KLIC is 13, this is just a daytrade and its 80% now of intraday high, we'll see might be worth holding 25% overnight depending on how it fares (its weak point) by 3:30 or so. The chart below will give you potential areas of overhead resistance rather clearly. You might of course put up a 5 minute chart of course as well (even a 60)
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