Recent earnings didn't seem to please the investors and price fell over 14% to the 61% fibonacci retracement area. Areas marked to look out for. Analyst target at $25.
$MXL is a candidate for a new uptrend. there are good news coming for this company. watch for a breakout of $28.70 12 months Consensus Price Target: $26.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
mxl is showing a classic cup and handle pattern breakout and pull back. also showing a show trend in the weekly chart.
MaxLinear (MXL) has been a strong performer. The stock is currently forming a second stage cup with handle base. Volume was strong up the right side of the cup and is now weakening in the handle. The stock also had a strong, reversing churning week, the week of February 12, 2016. MaxLinear has guided and beat rising analyst estimates for two consecutive quarters....