The risk on MCHP......

Microchip Technology IncorporatedNASDAQ

Description

⋅ Jul 28, 2020 7:21 PM

I posted a bullish chart on MCHP last week, but wanted to follow-up with the downside risk. If market weakens then i think it could drop to ~$90 range which was support in 2019... would setup a nice inverse H&S pattern with a target of close to $160

Chart Patterns