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home / news releases / ICHR - Ichor Holdings: Goes For Another Attempt At Breaking Out

ICHR - Ichor Holdings: Goes For Another Attempt At Breaking Out

Ichor Holdings

2024-07-10 00:49:48 ET

Summary

  • The stock has made it above a resistance level that has given ICHR problems in the past 2.5 years, an encouraging sign for the bulls.
  • The rally seems to be happening in anticipation of a rebound in demand in 2025 as called for by the outlook, but the outlook could be off.
  • ICHR seems to be doing much worse than its customers, and there may be different reasons causing this, some okay and some not so okay.
  • The breakout in the charts could be for real this time, but it will probably need more supporting arguments than it has now if it is to happen.

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For further details see:

Ichor Holdings: Goes For Another Attempt At Breaking Out
Stock Information
Company Name: Ichor Holdings
Stock Symbol: ICHR
Market: NASDAQ
Website: ichorsystems.com
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