KLAC double top and now ?
Chart courtesy of stockchartsToday most technology stocks gave up their gains and closed with losses.
The Nasdaq Composite Index fell more than 11 points, to 2,255.
The Yesterday rally wasn't confirmed today, so the market can down more points from here.
KLAC
This stock is trading in a narrow triangle, so keep attention if this stock break the red line resistance or if break the green line support, this situation can happen in the next few days.
55$ is a big resistance, and only was touched two times in the last months so could be difficult to break, so Keep this stock in alert.
Support : 52$ resistance : 55$
That's All. Have a great evening.
AC
The Nasdaq Composite Index fell more than 11 points, to 2,255.
The Yesterday rally wasn't confirmed today, so the market can down more points from here.
KLAC
This stock is trading in a narrow triangle, so keep attention if this stock break the red line resistance or if break the green line support, this situation can happen in the next few days.
55$ is a big resistance, and only was touched two times in the last months so could be difficult to break, so Keep this stock in alert.
Support : 52$ resistance : 55$
That's All. Have a great evening.
AC
