TradingStatistics

MCHP Nyse: SORT Analysis

Short
TradingStatistics Updated   
NASDAQ:MCHP   Microchip Technology Incorporated
AN INTRADAY (2 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.

1) TWO TOPS DIVERGED TO RSI OSCILLATOR FOR BEARISH MOVEMENT
2) BREAKING DOWN THE 50 LEVEL IN RSI OSCILLATOR
3) TRENDING CHANNEL LINE BREAKOUT.

NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES


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DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: stop reached:
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