📊 Company Overview:
Microchip Technology, a global developer and manufacturer of smart and secure control solutions.
📉 Current Market Condition:
Navigating a cyclical downturn as acknowledged by its management.
🔄 Temporary Downturn:
Despite challenges, indications suggest Microchip's downturn is temporary.
Expected return to growth in the future.
📈 Historical...
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 👍
✅ ...
