Break Time
A Naz that had
ramped up 28% in little over
three weeks took a deserved day off.
For the average semi, it was the first
day of distribution in nearly three weeks.
Corning’s
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wasn’t all that negative, gave some an excuse to sell.
Meanwhile, IBM
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like a champ since last week’s blast, with volume dimming as it traces a
pennant.
For the medium-term operator, the
builders, though top-ranked in terms of relative strength, don’t offer setups in
liquid names.
BJ Services
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several times, cleared a 10-month base on volume.
But Comverse
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Wednesday broke out of a poorly-defined multimonth formation, became the latest
growth name to fail.
Illinois Tool
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Kohl’s
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of its three-week zone.
Stillwater Mining
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mature, ascending triangle.
Synopsys
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software maker, is another recent breakout that lost vigor shortly after launch.
Weatherford
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PowerRating) stood an inch
away from the top of its four-month base.