Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 06:28 AM. | Search:

» StockRants Stock Forum » Public Stock Forums » US Stock Picks » Short: Bearish Signal: $KLAC Big Topping Tail

Thread Tools Search this Thread
Old 03-20-2017, 05:21 PM   Nav to Top  #1
Junior Trader
AnnabelleTrader's Avatar
Join Date: Nov 2016
Location: New York
Posts: 25
Favorites: BRK GM IBM
Rep Power: 16
Reputation: 10
AnnabelleTrader is on a distinguished road
Default Bearish Signal: $KLAC Big Topping Tail

KLA-Tencor Corp (NASDAQ:KLAC) jumped higher in early trading, only to give it all up by the market close. This reversal took place at all-time highs, forming a technical analysis based topped tail. Topping tails are extremely bearish reversal signals. This likely alerts investors to a major reversal taking place in KLA-Tencor and significant downside in the coming days. Investors should be shorting, buying puts or in the very least selling long positions.

Stock chart bearish topping tail on KLA-Tencor Corp shares
Attached Images
File Type: png anna KLAC.PNG (12.8 KB, 0 views)
AnnabelleTrader is offline   Rate this post Yes | No Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Watch: $HAL Hits Major Support, Reverses To Form Bullish Bottoming Tail SwingTrade Guru US Stock Picks 0 03-14-2017 04:15 PM
Day trading Signal tayalsmith Traders Lounge 0 05-18-2015 05:55 AM
Short: KLAC - KLA-Tencor Corp US Stock Picks 0 06-22-2010 10:20 AM
Broader Markets - SPX500 - Is it topping? AndyB Trend Spotting 114 06-15-2009 07:52 PM

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On