SPX. On the Ichimoku Daily Chart, we can see that the price level have not break the kumo support yet at 1025.
We also expect additional support from the Chikou Span at 1110
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Netgear Inc. (NTGR) : Kumo support and Cisco’s problems
May 14, ’10 10:33 AM
Netgear fell about 9% during the first half of the day due to Cisco’s revenue call that their home networking unit (Linksys) was down 8% for period ending May 1.
My bet is Netgear (NTGR) will not suffer from this revenue drop and could even be eating into Cisco’s share.
From the Ichimoku chart, it is supported right at the kumo level during the first half and started to move up during the second-half of the day.
Note:
Barrons has an update. Atheros (ATHR) has updated and do not see any weakeness in their business moving forward this year.
Immunomedics Inc (IMMU) : Kumo breakout
May 13, ’10 10:46 PM
