The semis have had a run the past few days, are they finally ready to rise from the dead? Here are a few charts courtesy of Leavitt Brothers. Hat tip: Stewie.
Here are two stocks that The PPT picked up on:
The first is SIGM, I highlighted this stock a few days back in my Christmas presents post. The company makes the stuff that comes in Blu-Ray players. The PPT issued a buy on it a few points ago in the mid 7’s. I would like to see the stock break above resistance before entering on the long side:
The next stock, NVDA, was also highlighted in my Christmas Presents post. The PPT hybrid ranking almost rates it as a buy, I would like to see this one trade above $9 before entering on the long side.
There goes DeAngelo again, he will win the iBC fantasy league for me.
More charts later.