lauralea

Still Above Neckline (317.38)

lauralea Updated   
NASDAQ:KLAC   KLA Corporation
Long candle shadow reaching down to find support.
To me these long tails can represent desperation.

Tons of volume which may cause/probably will cause/ a pop up. Pocket pivot which represents high volume.

Appears this will take a while.

I think it will eventually cave but strong stock and obviously there is some large investment positions protecting this level.

No recommendation/This will be long and hard one to hang with if one were short/volatile as a volcano )o:

Just never know! I just am doubtful it will see new highs for quite some time and seeing lower prices eventually seems inevitable.
Comment:
If you are not a monopoly (board game) expert, this may not be a good one for you (O:

There appears to be some folks who think this has some upside.

Pocket pivot/large volume bar today/huge green volume bar with pocket pivots noted.

Dilemma for me so I will watch.. I need stronger place to go short.

But that is me. (o:

No recommendation
Comment:
Personally, I am waiting for a pop up then shorting this when the time is right. It will not be easy, this I know.
I miss the Bull market, but I miss my dad too )o:
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