MCHP Long... not precisely

Panjang

Microchip Technology Incorporated (NASDAQ:MCHP)

Telah dikemas kini

NASDAQ:MCHP Microchip Technology Incorporated

Ok, the price is touching the EMA200 and it's showing rejection from that support, yay!!! also we could consider that a double bottom with the previous candles and indicators seems to be really low with a clear momentum loss. We could all say it is an amazing opportunity... right? I consider that to be a real possibility, but on second thought, there might be forming a head and shoulders pattern, be careful. In the following days it could rise a bit, but in long term it could be a "bit dangerous"

Komen:

I forgot to comment about the volume in the last candles, the volume is below the mean of the last candles, it shows lower sell pressure, so it's going to be hard to break the EMA200

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.