Some people say that #timing does not matter, but it does. If you were to #buyandhold Microchip Technology (NASDAQ: MCHP) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling. Over time, Stock Traders Daily has found a way to lessen the odds of this happening. Below, we provide data for MCHP that can be used to help achieve this goal. The data can be used to improve the timing of buy and sell decisions. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Strong | Weak | Strong |
P1 | 0 | 0 | 148.30 |
P2 | 155.76 | 154.52 | 161.05 |
P3 | 157.99 | 158.87 | 174.62 |
Longer Term Trading Plans for MCHP
May 31, 2021, 9:45 am ET
MCHP - (Long) Support Plan
Buy over 148.30 target 161.05 stop loss @ 147.87
MCHP - (Short) Resistance Plan
Short under 161.05, target 148.30, stop loss @ 161.52