Replies to post #10090 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

XLNX long set up? XLNX looks to have a sink/swim setup here below 20.70 or above 20.85. If the NDX moves above 1015 (the declining 100 period moving average) we might have some upside, but if it continues below 1008 I would short any rally in XLNX (cheaper than CCMP and KLAC) If XLNX moves above 20.85 next resistance is 21. and the NDX also moves above 1015, we might have another scalp long in the tech sector.