Luke8111

QRVO - FALSE bearish breakdown makes bullish case stronger

Long
NASDAQ:QRVO   QORVO INC
Just a hasty update; please refer to my previous analisys for price targets and all other details. You can see from the last ten days' action how market makers can manipulate price however they want to pick your pockets and make you abandon winning stocks. I sticked with QRVO even if the main thesis was trading water (due to the breakdown from short-term rising channel ), because I have a strong fundamental case on the stock, and, frankly until the 50 dma is lost you can't really jump out of an uptrending stock!!!

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