LSCC broke resistance and looking to move higher!
LSCC (Lattice Semiconductor Corporation) showing signs of going higher. It recently broke out of the ascending triangle resistance around $58.38 but not with more volume than average.
Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year.
Looking at technicals I think the price will go sideways in the coming week and may retest the $57.60 to $58.38 area as support before moving higher.
Generally I think this is a good long term hold as well since semiconductors are used everywhere.
If this breakout plays as expected the target price would be around $77.75
Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year.
Looking at technicals I think the price will go sideways in the coming week and may retest the $57.60 to $58.38 area as support before moving higher.
Generally I think this is a good long term hold as well since semiconductors are used everywhere.
If this breakout plays as expected the target price would be around $77.75
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.