VSH | Vishay Intertechnology | BuySomething for the long hold.
Reasons
Technicals:
- Outbreak of range, range should act as support
- Lot of room towards the current ATH 141%
- Buy zone 1 (based on a former S/D level was highly respected, tho potentially further liquidity grabs could happen
- Also S/R Level 1 is a resistance levle that could potentially hold any uptrend down
Fundamentals
- Develops MOSFETS, ICs, Diodes, Rectifiers, Optoelectronics, Resistors, Inducators etc.
- Uses cases for robotics, military, space
- Next Earnings report: 7. August 2024
Targets:
Target 1: Around $34, where i will close 50% of my position, while letting the rest run.
Target 2: Around $51, where the rest of my position will be closed
Good luck
Disclaimer:
- My posts are mostly for my own journaling
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
