Power Integrations, Inc.
Long
Updated

Power Integration! Everything is "Trough making" in progress!

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- The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of 0 to 100
- Moving average convergence/divergence (MACD) is a technical indicator that helps investors identify price trends, measure trend momentum, and identify entry points for buying or selling a security. Gerald Appel developed the MACD indicator in the 1970s, and it is still one of the most popular technical tools today.
Trade active
P/E Is really high comparing it with previous troughs !
P/E Forward is in a very good place, probable trough in progress !

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Trade closed: target reached
Volume has no "Spike" in it to suggest a major trough has been struck, yet the averages is pretty high
which may imply a trough is in already or about to be struck !

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Note
+60% in the next 10-12 Months if we rhythm with the past with
everything in the universe absolute

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Note
Relative to SPX, we are pretty much like 2006's low, all else in the "Universe" absolute !

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