Hey Marty! Any chance we could get a KLIC chart this PM? Thanks for all you do!
Thank you for the kind words!
KLIC has all the growth numbers we look for as growth investors. It is in the semiconductor equipment group which has been pretty strong recently. It broke out recently and is showing relative strength. If you want to take a swing at this use the 5% stop loss. The money will flow back into our growth stocks and this one should do well.
I like the "pinching" or "coiling" action within its base above the 50sma prior to the big move. That is a great find! That stock was on our conviction list because of good growth numbers. I ditched it because it sliced its 50sma! A great example of why we never give up!