+50%The price is experiencing panic selling across the entire U.S. tech sector, with sales significantly lowering the P/E ratio.
Monolithic produces power circuits used in virtually all types of electronic equipment and is a leader in this steadily growing sector.
At the moment, the decline has stopped at the $588 support level, from which a recovery has begun.
I find it highly likely that both gaps will close, the first one within the year, with an increase of 50% or more.