I like $SWKS here. I will open some call options at these levels.
NXPI 91.45 –bullish – Probes key resistance clusters on the daily chart NXPI is probing key resistance clusters on the daily chart including the 200 day moving average currently at 92.09, the 3.5-month falling trendline (from June 1, 2015 peak) and the 50% retracement of the 114.00/72.05 fall at 93.12. A decisive upside breach of the area would extend the 4-week...
NXPI 91.45 –bullish –Long-term trendline underpins strength NXPI found support at 72.05 (August 24, 2015 weekly low) just above the 2.5-year rising trendline (from April 22, 2013 low). Since then, it has rallied strongly to retrace over 50% of the 114.00/72.05 fall. Technical indicators are improving, suggesting further upside. Above 94.90 (September 9, 2015...
Double Bottom which has reset the base count. Bullish hammers which have been confirmed three times. Stochastics indicate oversold. The buy point is $106.50 on a 1st stage base. Volume was also above average on latest green hammer.
4-22 Chart wise its all about an upside crossover of the green line that? ACTUALLY sticks. In the meantime? The blue lines are support zones in the event of failure to engage. Feel free to follow on TWTR at @AmazingPatterns For informational and educational purposes only, these are not recommendations, trade at your own risk.
Here is an expanding wedge breakdown... a true FALLING KNIFE. But, one look at the balance sheet and this will change your tune. Retained earnings growing YOY. 125M in cash (139M in debt). 90 M OUT. 64M in the float. 70% Institutional. Assets to liabilities are 3:1. Now looks like a good time to jump in. ABOUT: InvenSense, Inc. designs, develops, markets,...
Watch for gap up on Monday this stock has great potential to run hard...I talked about it in London in 2012 and has come a long way since, the time is now