Beat down semiconductor play at bottom of channel
Might consolidate for some team, at the moment EMA 20 strong resistance
Fundamentals are very solid, good upside possible
Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the...
Hello traders, VISHAY INTERTECHNOLOGY is in a bearish fake dynamic with high volume traded and panic then slowdown on the part of buyers. The TIMEFRAME M1 we notice a hammer candle shape accompanied by a buying shadow with a high volume of past sales. It goes in the direction of the last lowest and make a reversal to integrate the comfort zone to fit on the VWAP....
NYSE:VSH is bouncing on support zone. RSI, MACD and Stochastic RSI are in oversold area. Bullish trend reversal hammer candle formed already.
Entry strategy: wait a bullish candle which cross above 21.60.
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