XLNX Long if above $102, it will touch $109 before ER
XLNX Look for it to continue following the channel down. Look for it to gap up again and then probably follow the same channel down. Might be a base build long term but I would keep short term positions bearish.
Price has been within a bearish channel since the end of April. The primary trendlines are the solid purple lines but there is an intermediate bullish pattern forming which is illustrated by the dashed purple line which is creating a bullish falling wedge pattern. Look for the breakout around $95 on the falling wedge then we would wait for confirmation on the...
XLNX has a strong support at $94.00 with an upward potential to $138.00 for a potential 25%+ return. Great buy for a significant return and a low risk.
Put Spread $4.16 entry max loss is $3.12 Max gain is the spread which is 15 points 120/105 Put Spread Expiring September 20th Target is $105 which is close to support. ER sell off its going to inhibit some price movement. I may take a gain at $6 - 8 depending on the trend
Texas Instruments comes out after close today. I'm playing XLNX puts since it will react based on commentary of Texas Instruments tonight. Small Put position. Good luck.
Nice reversal from 200 SMA on daily, which is also coinside with the low of the big breakup candle on 24th June. Top end of the gap.
I'd like the gap and go down, so i wanted to play short on the S-curve... Only my thoughts.
This week the price reached a new resistant. The price is going up, the slope of 30MM is positive, and the RSI is high. Last week the price reached a high volume. Consider buying.