KLACTrend line noted might provide some resistance while price bounced off the 8mma. This is my first view. Next I'll look at weekly and monthlyby KLang1
KLAC Gets ClockedThis morning, the leading semiconductor equipment maker KLA-Tencor Corporation (NASDAQ:KLAC) is coming under some selling pressure. Earlier today, the stock was downgraded by to neutral by Susquehanna. KLAC stock is now trading lower by $2.17 to $62.60 a share. Day traders can watch for intra-day support around the $61.97, $60.88, and $60.45 levels. These support levels are only valid for today. Nick Santiago www.InTheMoneyStocks.comLongby InTheMoney_Stocks0
Short Idea for $KLACMany things working for us to consider a bearish reversal. We are hitting the 5th wave of the Elliot wave. Major resistance from all the way back from 2007. MACD has a nice bearish divergence Stoch is showing the stock is overbought and due to pull back. Looking for a pull back to the blue dotted trend line. Shortby workingtraders333