AI
Wednesday, October 20, 2004 10:49:48 PM
The semiconductor index is ready to bust a nut.
It's only Wednesday and look at the volume on SMH. Also pay special attention to where the CCI and histogram are and what has happened when they reach these levels. Lots of divergence in place.
The whole freakin' sector is full of double bottom weekly charts and diverging daily charts. A real quick glance of ISSI, TQNT and CNXT gives me a warm fuzzy.
http://investor.news.com/Engine?Account=cnet&PageName=INDEX&Ticker=$CNSCO
It's only Wednesday and look at the volume on SMH. Also pay special attention to where the CCI and histogram are and what has happened when they reach these levels. Lots of divergence in place.
The whole freakin' sector is full of double bottom weekly charts and diverging daily charts. A real quick glance of ISSI, TQNT and CNXT gives me a warm fuzzy.
http://investor.news.com/Engine?Account=cnet&PageName=INDEX&Ticker=$CNSCO
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