Showing posts with label Microchip Technology. Show all posts
Showing posts with label Microchip Technology. Show all posts

Wednesday, June 11, 2008

Stock Chart Analysis MCHP

Article by downtowntrader at Chart Analysis MCHP Microchip Technology Inc. (Public, NASDAQ:MCHP) While the markets have been looking weak to me, I noticed more then a few semiconductor equipment stocks tonight with interesting patterns developing. There are more then a few that look like they are attempting bottoming patterns. MCHP is one for instance. While it has plenty of overhead resistance, the recent action