KLA-Tencor Is Still Pointed Higher, but Lock in Gains

We last looked at KLA-Tencor (KLAC) back in December and we gave an upside price target, "In this long-term Point and Figure chart of KLAC, ... we can see a recent consolidation pattern. A breakout to new highs could start KLAC on its way to an $115 price target."

KLAC has yet to reach our price target but right now it could be a matter of when and not if. A check of the charts and indicators seems appropriate today with prices within striking distance of making a new high....212 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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