Inverse head and shoulders with a gap to close towards 1070$The price is completing the formation of an inverse head and shoulders pattern, with a head-to-neckline distance of approximately $300.
This suggests a potential breakout target around $1070.
Along the way, there is also a significant gap that has remained unfilled for several months.
The stock be
18,280.556
0.004 BRL
9.63 B BRL
11.90 B BRL
About Monolithic Power Systems, Inc.
Sector
Industry
CEO
Michael R. Hsing
Website
Headquarters
Kirkland
Founded
1997
ISIN
BRM2PRBDR009
FIGI
BBG014XJ9HD1
Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for computing and storage, automotive, industrial, communications, and consumer applications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. The Firm also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company was founded by Michael R. Hsing, and James C. Moyer on August 22, 1997, and is headquartered in Kirkland, WA.
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Summarizing what the indicators are suggesting.
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Displays a symbol's price movements over previous years to identify recurring trends.