UCTT - a nice breakout chart

UCTT - a very nice chart to study and follow.

Previous breakout charts are listed here.


at 10/01/2009 04:30:00 AM

2 comments:

  1. AnonymousOctober 1, 2009 at 1:58 PM

    Called many times “Wolf is coming”, but failed many times. Is this time for real? More likely is real, if this is a case, then 9/23 would be a milestone for Bears. However it still needs to be confirmed. So far, all major indexes have reached key support point, some of them already broke down. This is forth times the major indexes have touched key support points since March’s big V shape rally.

    I don’t think the market can go too far, even Bulls could win again this time, due to recent some economical indicators have shown weakness, and from TA of point of view Market has shown sign of top. So be prepared to get out of Long positions and find targets to Short.

    Finally, no matter what, following Market trend is the ultimate principle.

    Tiger, what do you think?

    JZ

    ReplyDelete
  2. TigerOctober 1, 2009 at 6:13 PM

    JZ, please see my new post today. I expect the correction to retest S&P500 1000. After that, we could get a bounce off, which will be monitored later. Tiger

    ReplyDelete

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