We wrote a while back that on next dip we’d focus more on tech and less on commodities. Well, we’re here now and here is what we’re watching:
We wrote last night to watch the 20/100 SMA on AAPL as a tell — today it cratered through. Technically nothing to do here in this stock in no-mans-land and we’ll be avoiding.
We’ll be looking to buy reversals in CREE at 61 and 60.
We’ll be looking to buy CMI reversal near 53
BRCM has decent support near 29.5 — we’d buy a reversal on that area
CTXS slow but 43 support might be worth a trade.
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