nah0

$ADI at the level

Long
NASDAQ:ADI   Analog Devices, Inc.
Here we see $ADI overtook every moving average on 2 hour and looks primed to move back higher.

Need to see how it continues to interact with the $187 level.

Semi companies have been flying think $NVDA, $AMD, even $ON.

After earnings $ADI since calmed down, and with the overall market permitting wants to join the party again.

This company fundamentally can be at $200-$200, but of course trade with caution and don't rely on price targets to hit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.