KLA-Tencor (KLA) has an island reversal of sorts working the last three weeks. Notice how the stock gapped down in mid June and then back up in late June. Since gapping higher last week, the stock consolidated the last four days. A break above consolidation resistance would signal a continuation of last week’s gap-surge.
Click this image for a live chart.
 | StockCharts.com - Blogs |
All articles from the StockCharts.com blogs
Don't Ignore This Chart!
« Previous Article | Top | Next Article »
