LSCC (Lattice Semiconductor Corporation) showing signs of going higher. It recently broke out of the ascending triangle resistance around $58.38 but not with more volume than average.
Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year.
Looking at technicals I think the price will go sideways in the coming week and may retest the $57.60 to $58.38 area as support before moving higher.
Generally I think this is a good long term hold as well since semiconductors are used everywhere.
If this breakout plays as expected the target price would be around $77.75
Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year.
Looking at technicals I think the price will go sideways in the coming week and may retest the $57.60 to $58.38 area as support before moving higher.
Generally I think this is a good long term hold as well since semiconductors are used everywhere.
If this breakout plays as expected the target price would be around $77.75
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.