The Traderszone Network

Published in TZ Latest News 9 March, 2015 by The TZ Newswire Staff

KLA-Tencor (KLAC) Testing Key Support Zone

Semiconductors ($DJUSSC) are one of the worst areas of the market today and have been one of the worst areas of technology over the past week.  KLA-Tencor (KLAC) has hit a key area of support, however, and certainly presents a much better reward to risk opportunity.  60.53 represents gap support and the February intraday low was 59.74.  These are two critical levels to watch as support in the near-term.  Should the DJUSSC begin to lead again on a relative basis, KLAC would most likely follow suit.

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