Qorvo reached the TP of my last analysis:
Is it the same chance again? The RSI signs a further down-potential - let`s see if a new "3" really can be build..
Tardinmg belwo 50 is dangerous and could turn the chart bearish
Former analysis:
1-2-3 GOOD FOR 15% ?
Qorvo with a classical 1-2-3 Long-Setup! (For further Information have a look at
Since we have seen the Low at 34$, the stock could climb up to 52$. A consolidation followed, which endet at the minimal correction Level, the fibo 38,2%.
Yesterday Qorvo-1.36% could break it s Pivot resistance Level at 52$ (green and blue "2"). This Breakout opens the way for the next possible upwave with TP at the GAPs bottom edge @ 62$. In my Chart i have illustrated the thinkable longposition.
Is it the same chance again? The RSI signs a further down-potential - let`s see if a new "3" really can be build..
Tardinmg belwo 50 is dangerous and could turn the chart bearish
Former analysis:
1-2-3 GOOD FOR 15% ?
Since we have seen the Low at 34$, the stock could climb up to 52$. A consolidation followed, which endet at the minimal correction Level, the fibo 38,2%.
Yesterday Qorvo-1.36% could break it s Pivot resistance Level at 52$ (green and blue "2"). This Breakout opens the way for the next possible upwave with TP at the GAPs bottom edge @ 62$. In my Chart i have illustrated the thinkable longposition.
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Trendbreak!!!!!
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it is time for a bigger move now!
