OIIM - Up Is Still The Path Of Least Resistance For O2Micro International

• OIIM has disappointed this year after starting off with a big rally and quarterly earnings had a lot to do with it.
• OIIM could stand to benefit from COVID-19 lasting longer than expected, especially since it trades at lower multiples than the competition.
• The stock has not been able to decide whether to go up or down recently, but technicals suggest that may be about to change.
• OIIM could break down, but the odds favor a new uptrend since it’s the path of least resistance for OIIM.

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