Monday, July 16, 2007

Formfactor (FORM) coming into support

I was looking for a swing buy in the Semiconductor sector and came across Formfactor. I'm giving the weekly and daily charts along with the TDST lines for both. The support lines are showing that FORM should find some support around the $36 price point. I would like to see the volume lighten up before a buy, but things are looking pretty good if the price falls a little more.

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