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inco1

$mchp breakout lookout

Long
Microchip Technology Incorporated (NASDAQ:MCHP)  
inco1  
NASDAQ:MCHP   Microchip Technology Incorporated
Multiple Time Frame Analysis breakout MCHP market Market Geometry structure BASE consolidation trendalignment
2
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mtfa breakout mchp market marketgeometry structure base consolidation trendalignment
higher time frame showing change in market structure after pulling back and in defined uptrend
mid time frame shows rising moving average and positive market structure change forming a base before possible breakout
lower time frame is in alignment with higher time frames with positive momentum and volume
first target is resistance of 83.0x area and next level to 84.0x area
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