2024-01-30 03:26:57 ET
Summary
- SLAB has rallied after a long decline in the stock, but the upcoming report could trigger a reversal in the stock.
- The charts suggest the bottom may not yet be in for the stock for a couple of reasons, the recent rally notwithstanding.
- The stock fell to new lows after SLAB revealed there was an issue with inventories, which raises a number of questions.
- Recent earnings reports have shown to be pivotal moments for SLAB and one should prepare accordingly.
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For further details see:
Silicon Laboratories: Why The Stock Could Be Heading Lower