Handle low is 96.45
So close and yet so far! MCHP is trying to reach through some hard R. I am wondering if a pull back is coming at this point. Monthly candle is a hammer as is weekly
I have hung in there for monthes on this one waiting on it to break out! B/O 112.5 but since it hit 113.28 and did not break out..a bit of a set back
I would say B/O is now over 13.28...say 13.35 to be sure. MCHP was in a small rising wedge but looks to have fallen out and recovered. Short interest is a bit over 7%...Bummer..I do not like them.lol And they are not always right..but I do acknowldge their opinion. I am wondering what they see that I do not?? Perhaps the R?
MCHP has been trying hard to break out. A few times I thought about selling as it has been a bit prolonged to say the least
The chart is very bullish..I am planning to hang.
Not a recommendation
So close and yet so far! MCHP is trying to reach through some hard R. I am wondering if a pull back is coming at this point. Monthly candle is a hammer as is weekly
I have hung in there for monthes on this one waiting on it to break out! B/O 112.5 but since it hit 113.28 and did not break out..a bit of a set back
I would say B/O is now over 13.28...say 13.35 to be sure. MCHP was in a small rising wedge but looks to have fallen out and recovered. Short interest is a bit over 7%...Bummer..I do not like them.lol And they are not always right..but I do acknowldge their opinion. I am wondering what they see that I do not?? Perhaps the R?
MCHP has been trying hard to break out. A few times I thought about selling as it has been a bit prolonged to say the least
The chart is very bullish..I am planning to hang.
Not a recommendation
Note
Hot break out level today of 133.35..but pulled back quickly. I am crossing my fingersNote
Correction HITNote
Monthly and weekly candles are bullish. MCHP is above any R right now. Short interest easing. I hope she stays up there (o:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.