HI TRADERS ✌The possible scenario of MCHP is specified.As you can see, it is an upward trend from the range of $55. It is currently in the range of $82. We can expect that the price will grow to the range of $85 if it stabilizes above the support range of $79/$77. According to the formed HIGH and LOW, if the trend is still upward, the possibility of a new HIGH in...
Whenever I find two stocks acting well I always want to buy the best but, how to know this? Both are forming a shark pattern in the weekly chart, and both are from the same industry, semiconductors. So how to choose? For me, a simple ratio will do it. It will show which one is outperforming the other. In this case NYSE:STM is being buyed more aggressively...
Good relative strength, insider buying aggressively, breakout confirming consolidation/correction coming to an end and setting up an initial run to $86 for NASDAQ:MCHP
💡💡#SIGNAL 💡💡 MCHP ▶️ Buy in Block 🔴 SLT - 1D (Trigger) #MCHP_1D_300322
MCHP LONG - Buy Entry - D1 Chart Buy @ Market Symbol: MCHP - Microchip Technology Inc Timeframe: D1 Type: BUY Entry Price: Buy @ Market Last High - Resistance @ 88.98 Resistance @ 87.69 Pivot Point Yearly @ 80.36 Resistance becomes Support @ 77.00 Support @ 73.64 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ ...
Consolidation could be broken higher with a minimum target in the region of 200.
If you have ever done an electronics project, you probably either built your own large timing circuit or utilized a quartz-based crystal oscillator in a square silver package with four legs. An oscillator is used in some form in most every electronic device you use. Think of the computer in front of you. It likely has a dozen or more oscillators integrated into...
Corridor Breakout out of a 3-month price correction. Moderate possibility to hit the uptrend resistance line. Target price set at resistance line bounce. - 3-Month Uptrend before correction - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $110.44 Suggested Stop Loss $106.77 Target price $128.15 Note that I tend to adjust stop losses in...
let’s look at today’s ideas. Let’s start from EURUSD. For this currency pair we have to wait for the reaction of the price to the resistance level. If the price holds above – go long till 1.1380. And if it holds below – go long till 1.15, pretty simple, right? GBPUSD – The price stays inside an important resistance level. I expect the price to go down and hold...
As you can see price tried to form a false breakout of an important resistance level at 108 USD/Share. That’s why now we are looking at how price will be acting: if there is going to be an impulsive breakout, you can go long for this stock after a fractal formation. And the first target will be around 113.
Shooting star bearish pattern. As well as recent uptrend accompanied by rather sideways (arguably downard) OBV.
Hi, today we are going to talk about MCHP We observe a D1, some important points. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use...
Analysts do not have an economic slowdown priced into their fiscal year 1 & 2 earnings estimates.
Microchip Technologies stock, in the Semiconductor Industry, has a top that completed in early September, seen best on the weekly chart. This is a common top right now. I see it in many topping stocks. The trading range breaks to the downside, usually on company news. The question now is WHERE will it find sufficient support to commence a bottom? The answer lies...
If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support. RSI is low too.
Microchip Technology Inc. (NASDAQ: MCHP) is at a Critical Make-Or-Break Point right now which is around 92 Zone . If it continues to lose momentum and manage to close decisively below this zone on 1 Hour Basis, then we may see a good Down Side as per TTC Breakout Formation . For Short-term targets, Trader should eye on 90.70 Zone . Then 89.30 is the next...
higher time frame showing change in market structure after pulling back and in defined uptrend mid time frame shows rising moving average and positive market structure change forming a base before possible breakout lower time frame is in alignment with higher time frames with positive momentum and volume first target is resistance of 83.0x area and next level to...
Thinking about buying this stock because of its earnings coming up aftermarket tomorrow. The last three quarters they have killed their earnings with a short term 7% gain which is what I would be looking for with this trade. Not quite sure about how well things will go because of AMD's earnings but with a few big players going tomorrow in the semiconductor...