HAL9000
Long

MCHP Break over 100 should be purchased

NASDAQ:MCHP   MICROCHIP TECHNOLOGY INC
Technicals
Positive on all time frames
Has broken out above historical high
Has broken and closed above psychological $100 level
This was done in mild volume , so volume confirmation would be welcome

Trade setup
Buy the breakout in half size
Stop loss at 92 and 88
Target 110

Expected timeline for this trade 7 weeks

Please mind macro numbers ( CPI             today) and only trade in the direction of the market.
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