The following chart is RFMD. This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then find a professional.
The box of crayons came out and the following chart is the result. The chart is an example of the signal sequence of EARLY...WATCH...ALERT that worked fairly well. Of course there are tons of times when this has not been the case. I hope the chart is relatively self explanatory.
Currently RFMD is signalling a down decision time meaning that it would make sense to pay attention to any confirming evidence that a down move is in the offing. Only time will tell and will have to wait to see what happens.
Thank you for your time.
Chart created with MetaStock.
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