LSCC broke resistance and looking to move higher!
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 les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.