Jan 26, 2005

KLAC

Kla-Tencor (KLAC) has managed to get above its 50 day MA after a struggle with that level in the morning. I have mentioned it before and only bring it up to point out an inverse head and shoulders that completes if the stock can clear 49.

That is a ways off and the stock probably needs to draw in more volume but it is something to notice.

Using today's strength to roll up stops where I can.

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