BBTrader29

QRVO Retest Breakout

Long
NASDAQ:QRVO   Qorvo, Inc.
QRVO broke out of the $76 level to only reach another level of resistance at the $79 level. It recently has swung back and retested and held the $76 level. This tells me it will have another push towards $79 level and this time breakout with momentum as it has already tested the $79 level 6 times. If it can breakout of the $79 level it will have strength all the way up to $85 where it will face more resistance. This is a potential 10-11% move with a stop alert at a little under the 20 sma
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