Microchip Technology Incorporated
לונג
מעודכן

Long trading idea on $MCHP

152
Long trading idea on MCHP

Reasons to buy:

The stock has arrived at a strong support level, maintaining its long-term uptrend.
We're not far from the all-time high (ATH), offering a favorable risk/reward ratio of 1:18 until ATH.
Increased volume and the formation of a doji signal a potential reversal after a recent downturn.
Strategy: Partial take profits can be placed before reaching ATH, with the rest held for a longer-term target beyond ATH. Looks like a solid opportunity!
עסקה סגורה: הגיע לסטופ
The stop loss was triggered. I’m still following it to see how it performs over the next few weeks. It’s important to have a stop loss because the next drop could be to 35. Better not to find out with your own money.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.