Sagar
The semiconductor Equipment industry is weak today.

There are many stocks with poor earnings growth in the Semiconductor Equipment industry that went up with the industry.

$KLAC is not one of them.

Still, seeing that the industry weakened today, and the fact that the stock is at a double top in both the weekly and daily, one may be careful if one is holding a long position.

It may be prudent to book some profit or at least to apply a trailing stop.
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