Sunday, August 15, 2004 7:34:32 PM
KLIC Technical Comment (nice moves...)
Like many other stocks, this last week, KLIC quotes collapsed in a major Gap down…
$5.10 and $6.85 are the short term Key References for this stock, I guess that with a chart like this, and with the momentum indicators so near the zero line… it will have a rebound…
Just don’t know when… but the target would be the top of the gap at the $6.85 price level…
My Technical Chart for KLIC:
http://globalspeculators.com/trading_futures/index.php?topic=38.0
I don’t own yet any position on KLIC… but I’m looking forward to an entry point when the dust settles down…
Sure a stock to have on the watch list ;)
Best regards,
Jesse Livermore
http://globalspeculators.com
Like many other stocks, this last week, KLIC quotes collapsed in a major Gap down…
$5.10 and $6.85 are the short term Key References for this stock, I guess that with a chart like this, and with the momentum indicators so near the zero line… it will have a rebound…
Just don’t know when… but the target would be the top of the gap at the $6.85 price level…
My Technical Chart for KLIC:
http://globalspeculators.com/trading_futures/index.php?topic=38.0
I don’t own yet any position on KLIC… but I’m looking forward to an entry point when the dust settles down…
Sure a stock to have on the watch list ;)
Best regards,
Jesse Livermore
http://globalspeculators.com
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