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Applied Micro Circuits Corporation Message Board

  • justasklee justasklee Jun 19, 2013 12:14 PM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on AMCC at TheTechTrader site noting: Applied Micro Circuits Corp. (AMCC) had a big move on Tuesday, up 1.62, or 20%, on 2.8 million shares. That’s the biggest volume in more than a year. It’s breaking out of a coiling-type consolidation. It had a 5-wave decline, was stuck in a consolidated coil, and then broke out big time on Tuesday. It closed at the top of the range, which is very encouraging. Now, look for a move up toward 12 on a short-term basis. We’ll see if it can get a follow-through tomorrow.

5.93-0.05(-0.84%)Oct 25 4:00 PMEDT