$KLAC broke out yesterday. It is cleared both buying point and the pivot resistance. It broke RSI downtrend line too. I would expect higher volume though. Watch for upper trendline resistance.
12 months Consensus Price Target: $180.82
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Alert set for move about $163
Oversold potential.
Average analysts estimate $190 | Overweight
Company profile
KLA Corp. engages in the supply of process control and yield management solutions for the semiconductor and related nano-electronics industries. Its products include manufactured chips, reticle, packaging, surface profilers, nanochemical testers, KT pro...
KLA Corporation KLAC.
On the weekly we see strength is lessening and we even see a possible missing right shoulder divergence on the weekly,
so this could be a longer term trade as well.
KLAC Weekly:
This particular trade now focuses on the daily and 4H charts.
The weekly is just shown that is shows the lack of strength, and a declining RSI as well....
KLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
KLAC is in a compression mode after a strong run upward to a new high. The stock is showing some minor Dark Pool Quiet Rotation™ at this price level, but for now the stock is holding the gains.
KLAC presentra una buena entrada para largos.
Entrada en 118.51
TP 156.51
SL 103
Para Opciones en un posible Long vertical Call a 250dias
+1 17jan 155C @0.70
-1 17Jan 160C @0.35
