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Raising pullback limits in FEYE – If, Then… Market Timing

Raising pullback limits in FEYE

Raising pullback limits in FEYE and SIVB as their rallies extend:

FEYE — Now up 20% from its last buy signal, and testing 51.45 resistance. This requires pullbacks to hold 48.95 to maintain the rally”s momentum, targeting 60.60

SIVB — Has come a long way since first covering it around 117.50. New highs are within 1 point of the 144.25 target area. Now its pullbacks must hold 137.50 to maintain the rally”s momentum. It will be interesting to see whether attacking its target finds similar buying pressure being fulfilled in the Tech sector.