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M0_BTC
Feb 4, 2024 5:30 PM

MPWR: Breakout Coming? Long

Monolithic Power Systems, Inc.NASDAQ

Description

I'm seeing a pennant pattern with a refined resistance level and short term rising trend line. I'm expecting a breakout sooner or later backed by positive analyst expectations. Target just below $700.

Comment

Levels seem to be working quite well.
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