Tuesday, December 29, 2009
at 4:30 AM | 2 comments |
WFR: Nice bottom pattern
Beautiful bottom pattern here for $WFR, looks ready to break out at any minute for a quick 18-20% run to resistance near 15.30:
This one could run with the semis considering they sell the raw material aka silicon wafers, to the chip industry.
Always watch out for earnings day (1/18/2010).
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2 comments:
Nailed it... perfect breakout with BIG volume today.
I'm out at 15.15 for 10% gain (the resistance line held today).. It may continue higher over time but it will be without me... Unless another nice setup appears.
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