I guess I was wrong. 5 minutes is up and Zeev is still in BRCM Maybe Zeev is waiting for a "retrace" ??? Now I know about "retraces" when it comes to BRCM(ggg)
If BRCM can trade below 17.29, it would indicate a "test of high failure" on the daily chart.IMHO. (1) Lower High (2) Followed by break of recent low. (3) ALTR has done this. (4) Maybe SMH can do it today ????
The Donchian(20) Upper line has fallen to 17.84 on the 5 minute chart. Therefore still some time and room for rebound. But line continues to drop every 5 minutes.