Long for MKS Instrument

NASDAQ:MKSI   MKS Instruments, Inc.
For fiscal year-end 31/12/2020, MKS Instrument revenue has increased significantly by 22.65%. Net income increase by 149.38%. QoQ has steadily increased and the incoming quarter report has been forecast to have a significant increment. This company have strong financial fundamental and will be good for a long term purchase option.

With the current price structure, retracement has an archive equal leg of WXY correction at 157.45. Expected some renounce will react to this level for long opportunities with the target of price 285 of 80% increment.

However, there will be some concern about the China clampdown issue where I believe will impact their business relationship there for mid-term.


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