Eliarich

Power integrations is it a good time to enter?

Long
NASDAQ:POWI   Power Integrations, Inc
The Semi conductor manufacturer has some impressive numbers ROA 16.1%, FCF / Share 0.92 and plenty of cash. Looking at the chart, the trend is still up and the price just bounced off support at 87.25$. Going long here, 1st target around 97$ then previous highs around 110.40$. A close below 87.25$ will invalidate the scenario

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