What happens if it breaks that channel or does not reach a higher high? I've heard semiconductors are sicking right now, and the odds of it breaking the channel to the downside are significant. 7/14/15
The reason it is so significant is that the Semi Equipment book-to-bill ratio showed bookings that are still very strong (as of end of May). So the correction could be a buying opp if the channel holds. If not, the market has lost a leader. 7/15/15
ODB
