Wednesday, April 05, 2006

Watch List - Semiconductors - Consolidation Patterns

All of these semi stocks are well positioned to break their consolidation patterns. Most need more volume to move price in a meanigful way. Watch the pre-market for an indication on how they wll open. MRVL is up quite a bit in AH and BRCM should be active in the pre-market.





BRCM's weekly chart is shaping up nicely. If we don't lose the gains so far this week, we have a bullish doji morning star reversal pattern.




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