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ADI good spot mainly off or S&R
Analog Devices, Inc.
Long
ADI good spot mainly off or S&R
Di nah0
Segui
Segui
15 mar 2023
0
I like
ADI
because of the candles and the support and resistance around it. It just works out that there is a symmetrical triangle around it as well.
For real good confirmation I would love to see that 20-day SMA get overtaken. Then path for upside is very clear.
There are price targets for it above $200, I'm not sure about holding a lot of this looking for that price, but $190's can definitely happen.
Semis have had quite a bit of strength lead mainly by NVDA and AMD.
This one IMO can hit its ATH again or very close.
Remember to keep the flowers and cut the weeds.
Fundamental Analysis
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nah0
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