Keying in on Kulicke & Soffa

Kulicke & Soffa (KLIC) is approaching a key support zone. The stock has been fading over the last three sessions following its powerful Jan. 2nd breakout. KLIC jumped nearly 6% last Wednesday on heavy trade after opening the session with a gap-higher open. The stock took out very heavy resistance on the bell and remained well bid all day. After three days of light selling KLIC is now nearing last week's breakout gap.

Kulicke & Soffa (KLIC) Source: TradeStation View Chart » View in New Window » ...258 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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