STMicroelectronics is a global independent semiconductor company which designs, develops, manufactures and markets a broad range of semiconductor integrated circuits and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems.
Analysis/Commentary Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves: - Current quarter has given price move to base of JLK - Expectation for the price to move at least to previous quarter highs (LOW POINT) - Trailing stop-loss on price above LOW point
GOOD LUCK. DO YOUR OWN RESEARCH!
Comment
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TRADE UPDATE: Successful The drop in price action mid-April would have indicated exit with minimal profits
I took profits before the drop.