The semiconductors ETF NASDAQ:SMH is already making new highs, NASDAQ:NVDA is looking great again and NASDAQ:AMD is near a pivot buy
But I'm looking at these two stocks, NYSE:ONTO and NASDAQ:MTSI , both are making a double bottom pattern and haven't breakout yet
The thing is that NYSE:ONTO has been outperforming NASDAQ:MTSI since 2021, so depending...
SELL!
Entry: 69.32 USD
Target: 60.00 USD
Stop: 72.57 USD
MTSI designs and manufactures analogue semiconductor solutions for use in wireless and wireline applications in the radio frequency, microwave, millimeter wave and light spectrum for the international market. The company offers a portfolio of standard and custom components, including integrated circuits,...
During bullish trend we can patiently wait for a continuation pattern and use volume increase as a major confluence to give us the confidence to take an Inside Bar trade on MTSI. Flag pole/ABCD pattern target matches up with our 1:2 risk to reward rules. Happy Monday !
MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga.
Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives??
Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL.
BY Investars...
What's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to...
