Sunday, May 14, 2006

Semis Well Positioned to Bounce - CYMI, LRCX, BRCM, SNDK

CYMI's earnings gap has been filled and Friday's narrow range bar could signal a bounce is coming.

If the SOX bounces from here, LRCX looks well positioned to bounce off of breakout support.

BRCM is perched just above its 200 day MA and has retraced almost 62% of its October - March rally. Friday it formed a star like candlestick which could result in a morning star pattern if it opens above $36.43.

Will SNDK attempt to breakout of its ascending triangle and in which direction?

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