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HaseebKhan_90

MPWR offering another entry before moving higher?

Long
Monolithic Power Systems, Inc. (NASDAQ:MPWR)  
HaseebKhan_90  
NASDAQ:MPWR   Monolithic Power Systems, Inc.
Trend Analysis Chart Patterns buysignal buysetup buyzone consolidation-breakout resistancebroken highvolume
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trendanalysis chartpattern buysignal buysetup buyzone consolidation-breakout resistancebroken highvolume
* Exceptional earnings
* Very strong up trend
* High RS in the Tech sector
* Breaking out of a ~2 month consolidation with higher than average volume (148.8%)
* Offering another very high volume entry from the initial breakout point

Trade idea:
* Perfect time to enter as it's very close to the initially broken level and it has a tonne of volume!
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