KLAC exceed the suggested stop of a move above 69.20 (69.21 stop) for a minor loss of 1.8%. KLAC daily Sept 1st I set the stops tight on this trade for two reasons: 1) Any move back above 69.20 would have not been consistent with the typical move following the breakdown of [...]
The following notes & charts outline the entry criteria, price target & suggest stop for a trade on KLAC (KLA-Tencor Corp).
just a quick update on some of the recently posted trades ideas. i will update some of the charts later this evening but you can enter any symbol below into the search bar towards the upper right-side of the page to view the most recent post with charts/notes on the trade or set-up listed below: [...]
KLAC and TXN look ripe to short here, with the appropriate stops. PROJ will need a break of that uptrend line to trigger a short, which one could then target T1 for a quick trade,or hold out for T2, depending on the price and volume action at the time (TBD).
i jumped the gun on this one shorting a miniscule, very brief breakdown of the wedge without waiting for confirmation but i'm still in the trade and still believe this one goes lower before going much higher. will only add on a confirmed break of the trendline, such as an impulsive move down below it [...]