$GSIT is a potential breakout candidate that has come across our screens. The stock's 52-week high is $9. Above there and the stock is off and running.
The good part about this type of trade is that it should work out right away. You only have to enter a 10 cent stop. We view this as a nice trade opportunity with a good risk/reward setup.
Risk 10 cents to make $1.
Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. GSI’s resources are currently focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments, and the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale, California and has sales offices in the Americas, Europe and Asia.
As always use protective stops and trade with caution.
Good luck to all!
The good part about this type of trade is that it should work out right away. You only have to enter a 10 cent stop. We view this as a nice trade opportunity with a good risk/reward setup.
Risk 10 cents to make $1.
Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. GSI’s resources are currently focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments, and the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale, California and has sales offices in the Americas, Europe and Asia.
As always use protective stops and trade with caution.
Good luck to all!
To receive our alerts via email and SMS, join Insider Financial for Free at signup.insiderfinancial.com
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/
We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/