Bounce Price dropped badly after earnings reaching weekly sma50 Price also keep inside green uptrend without breaking previous minus (blu trendline) Bounce expected A close below blu trendline will void this ideaLongby balinor2
MPWR strong bull trendMPWR is in a strong bull trend Entry at current price Stop loss at 858 if you want to have tight stop loss Ride the bull trend as its a fundamentally strong stock Longby vortexTradingSolutions0
MPWR Bullish channelMPWR had been in range for quite a while i.e from Nov 2021 to Feb 2024 And then suddenly the fundamentals changed and the company become stronger A bullish channel has formed and at the moment the stock is at the top of the channel cieling RSI and current movement suggest it will now corect for some time , take support from 770 and then move back up or its testing the top of the channel and will move further up Best safe strategy is to buy partial right now and then add on correction Entry @ 900-915 Stop loss @ 755 TP endlessby vortexTradingSolutions0
MPWR breaking daily resistanceReasons for bullish bias: - Price gave ATH breakout - Price-breaking strong resistance - Simple DOW theory - Entry at HH breakout plus pole breakout - Bull flag formation Here are the recommended trading levels: Entry Level(CMP): 786.71 Stop Loss Level: 700.65 Take Profit Level 1: 872.77 Take Profit Level 2: 958.83 Take Profit Level 3: OpenLongby TradeWithParasUpdated 1
MPWR is taking off, DO NOT miss this oppotunity !Time to fly with excellent technical and good fundamental stock Stoploss (100%) when close price less than 616 Take Profit (30%) when close price reach 1358Longby weerawat_sups1
MPWR - 4 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting0
MPWR: Breakout Coming?I'm seeing a pennant pattern with a refined resistance level and short term rising trend line. I'm expecting a breakout sooner or later backed by positive analyst expectations. Target just below $700.Longby M0_BTCUpdated 1
$MPWRPrice reached the Bearish ABCD reversal zone at 738 usd. it should go down from here but i'll be waiting for consolidation/clear pattern around these levels.by gmajor23230
MPWRMonolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15+ locations worldwide. Potential swing long on a break of the range highs. Longby techpers1
MPWR: Potential BuyI'm expecting the bullish momentum to continue towards new all time highs. Areas plotted to look out for.Longby M0_BTC0
MPWR long tradeWeekly came back down to demand before the move back up. Weekly just broke out of bull flag a few weeks agoLongby poggo_111
Monolithic Power Systems (Long)Monolithic Power Systems Long Entry at 428.51 Take Profit at 469 (9.45% profit from entry) Stop loss at 408Longby I_M_Shoaib0
MPWR. Re-distribution. Is point of excitement coming next?Hello guys. Made a quick look at MPWR daily chart. Structure is looking bearish. Why? 1. Lower highs, lower lows 2. Inability of the price to reach bc level (out of 3-4 attemts) in 2022. 3. Gradual increase of volatility from Initial reaction down (Chofbeh reaction) to August decline. 4. November + December rallies are pretty weak (touching only 0.5 of previous decline) Tactics: even though we have a nice structure that might be local re-accumulation with targets around resistance line of this range we will be looking for shorts with POEntry after break of future local box. What is your thoughts on this? How do you consider this 1d chart? by JustCharts0
$MPWR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MPWR after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%. Longby EPSMomentum0
This is a good breakoutthis is a good breakout Will see if this has followthrough upcoming days to get a feel for whether or not breakouts have followthrough.Longby JamesMBee0
MPWR daily indecision after earnings and moving averages crossOrder BUY MPWR NASDAQ.NMS Stop 347.57 LMT 347.57 will be automatically canceled at 20230401 01:00:00 EST MPWR daily indecision candle after earnings and moving averages cross ABC correction looks complete whether a 5 wave setup up or grind in the bull flag we should hit at least 1.2R of we clear this candle from above.Longby MishaSuvorovUpdated 0
MPWR // wedge indicatorIf it closes above the wedge indicator on the daily time frame, the target will be the wedge indicator on the weekly time frame.by aet610
$MPWR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MPWR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%. Longby EPSMomentum0
Rectangle/Bearish CrabA Rectangle is a neutral pattern until a trendline is broken. This is a wide rectangle and some would trade inside of it. There is a Bearish Crab inside the rectangle and D, or the end of this last leg is above the Rectangle. The Crab is an extension pattern (D is above X in a Bearish Crab and D is below X in the Bullish Crab) as well as a reversal pattern. Price hit the 1.618 of this W pattern and turn back down. T1 of a crooked W is often the hump in the W or the top of the AB Leg. Some would even use level X but price has already passed level X. No recommendation. I am marking this as "Short" due to the bearish crab pattern. The Rectangle is neutral and not short unless the support trendline is broken. There are 2 sets of targets in orange as there are 2 patterns. Rectangle targets are below the rectangle. The Crab targets are inside the rectangle.Shortby lauraleaUpdated 1
$MPWR Pulling back to breakout Level$MPWR is a Semi name I would like to get onboard. Building a trading range right on top of its breakout level. Many traders with "buying support" strategies would have been buying this on Friday. I want to see it turn up first and set a Pulllback buy setup.Longby TaPlot3
Long Monolithic (MPWR) to ~900 PTCompared with the rest of the Nasdaq, the retracement off the high earlier this year is essentially non-existent. Moonish to 900 price, locked it in today. Potential mid-week catalyst if TSM beats its quarterly as well. Either way its moonish. -MonoPigith NASDAQ:MPWR CME_MINI:ES1! CME_MINI:NQ1! AMEX:SOXL NYSE:TSMLongby UnknownUnicorn5511258222
$MPWR with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MPWR after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 44.44%. Longby EPSMomentum0
MPWR offering another entry before moving higher?* 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!Longby HaseebKhan_90442