2024-01-29 07:54:13 ET
Summary
- Alpha and Omega Semiconductor has put together a strong rally since hitting a new low in November, but there are a number of reasons why the time for caution has come.
- A competitor considered a bellwether of the analog semiconductor market had various things to say, which do not bode well for AOSL in the near term.
- There are several points to note when looking at the charts, which suggest a bottom could be in, although it is too soon to say for sure.
- It may be time to assess the appropriate level of exposure to AOSL at this time for several reasons with the next report coming up.
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Alpha and Omega Semiconductor: Some Positive And Some Not So Positive Signs