Credence Systems (CMOS),
a semiconductor equipment maker specializing in test equipment,
on August 17 closed down on normal volume. The stock traded as high
as $1.70 but was unable to match the $2.76 level set on August 13.
Traders bid up the stock on heavy volume from $1.79 (a short-term
double bottom) on August 9 to $2.76 on August 13.
| CMOS
Daily Price Summary |
Date |
Open |
High |
Low |
Close |
Volume |
August 17 |
2.68 |
2.70 |
2.47 |
2.50 |
1,067,488 |
August 16 |
2.45 |
2.56 |
2.36 |
2.55 |
1,710,400 |
August 15 |
2.60 |
2.64 |
2.40 |
2.42 |
1,821,700 |
August 14 |
2.52 |
2.69 |
2.51 |
2.63 |
2,116,100 |
August 13 |
2.31 |
2.76 |
2.31 |
2.51 |
7,417,100 |
August 10 |
1.97 |
2.47 |
1.96 |
2.27 |
4,895,500 |
August 9 |
2.11 |
2.15 |
1.79 |
1.96 |
8,022,300 |
August 8 |
2.50 |
2.56 |
2.12 |
2.17 |
4,660,400 |
| All price and volume data from www.finance.yahoo.com. |
The chart of daily closes shows the up move after making a double
bottom at $1.79. CMOS has major resistance at $3.25.
buyupside.com will watch this stock and report on its
price movement.
Related Articles:
Double Bottom is a
Bullish Pattern
Making Money
With Cyclical Stocks
Portfolio
of Semiconductor Equipment Maker Stocks
Posted August 17, 2007. |
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