MCHP watch $59.xx: Key support zone to mark the possible BOTTOM?

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MCHP showing signs of a completed market correction.
Bulls need to hold the semi-major zone at $59.10-59.62
Ideally we get a good bounce here to start recovery.

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Trade attivo
HOUSTON: We have IGNITION (yellow shaded area is from posting time)
istantanea
PERFECT launch for our green zone, BOTTOM for the ENTIRE chip sector.

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Closer look with trade notes:
istantanea
Entered on our support zone at $59.66
Closed 1/5 at each of 4 TP's for 47% peak
Trailing stop behind fibs on last 1/5 position.

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Where to?
istantanea
Hoping for 100% gains on the last piece.
Double Golden zone likely to be a top.
Best to exit and hope to buy back lower.

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