ADI good spot mainly off or S&R

NASDAQ:ADI   Analog Devices, Inc.
I like $ADI because of the candles and the support and resistance around it. It just works out that there is a symmetrical triangle around it as well.

For real good confirmation I would love to see that 20-day SMA get overtaken. Then path for upside is very clear.

There are price targets for it above $200, I'm not sure about holding a lot of this looking for that price, but $190's can definitely happen.

Semis have had quite a bit of strength lead mainly by NVDA and AMD.

This one IMO can hit its ATH again or very close.

Remember to keep the flowers and cut the weeds.


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