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Bounce
Monolithic Power Systems, Inc.
Long
Bounce
By balinor
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Nov 3
2
Nov 3
Price dropped badly after earnings reaching weekly sma50
Price also keep inside green uptrend without breaking previous minus (blu trendline)
Bounce expected
A close below blu trendline will void this idea
5 days ago
Note
Fake news pushed down a lot
Price on horizontal support now, I still believe a recovery will shortly happen
Trend Analysis
balinor
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