KLA-Tencor Corp (NASDAQ:KLAC) jumped higher in ear
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Posted On: 03/20/2017 4:19:28 PM
KLA-Tencor Corp (NASDAQ:KLAC) jumped higher in early trading, only to give it all up by the market close. This reversal took place at all-time highs, forming a technical analysis based topped tail. Topping tails are extremely bearish reversal signals. This likely alerts investors to a major reversal taking place in KLA-Tencor and significant downside in the coming days. Investors should be shorting, buying puts or in the very least selling long positions.
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