News Focus
News Focus
icon url

Hacktheripper

07/27/04 10:46 PM

#276251 RE: jra2 #276249

34.03 is resistance for CCMP probably hit that tomorrow or thursday then retrace back into the channel

If 34.03 breaks you could set in motion a run to 41.00 area.

Support 31.80 resistance 34.03

nice improved volume today
icon url

Zeev Hed

07/27/04 10:56 PM

#276255 RE: jra2 #276249

It could, but I still expect a retrenchment to the $28.5/$30.5 area. Money flow has not improved enough on CCMP on that rise, so relaxation, particularly in view of the fact that the whole semi-equip sector is still sick, is possible (Compare to MRVL's money flow and you'll see what I mean...). As for BSTE, it has not violated the bottom of the box, and like clockwork, if you buy around $40 to $40.5 you make few bucks...