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$ADI at the level

Long
NASDAQ:ADI   Analog Devices, Inc.
Here we see $ADI overtook every moving average on 2 hour and looks primed to move back higher.

Need to see how it continues to interact with the $187 level.

Semi companies have been flying think $NVDA, $AMD, even $ON.

After earnings $ADI since calmed down, and with the overall market permitting wants to join the party again.

This company fundamentally can be at $200-$200, but of course trade with caution and don't rely on price targets to hit.

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