QRVO is registering massive net buy volume, as numbers has surged 3-folds from 1.22M to 3.46M -- conveying that the recent earnings call is attracting position takers in anticipation of the company's turnaround in terms earnings and growth. Monthly data is showing some shifting trend. Pricewise, the stock formed higher lows cementing its intention to reverse to...
$QRVO.
Broke out of 3-month consolidation level at the $185 Fibonacci level.
Semis are hot and will continue to rise beyond ATH.
Price target is $220, which is at the -1.618 Fibo level.
50-Day EMA reclaimed 3/26 Friday and BUY signal on the Ultimate Stock Indicator flashed this past Friday, 4/2.
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$TSM #taiwansemiconductor $NVDA #nvidia $NXPI #nxpsemiconductors $QRVO #qorvo $TSLA #tesla #automotive #electricvehicles #autonomousdriving #semiconductors...
QORVO is forming a cup with handle with the buy point of $108.78. needs to hold above before get in.
12 months Consensus Price Target: $109.74
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