- 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.
For further details see:
Up Is Still The Path Of Least Resistance For O2Micro International