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Worth to observe this rebound counter from its down trend
Semtech Corporation
Worth to observe this rebound counter from its down trend
By SASSA39
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Sep 3
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Sep 3
https://www.tradingview.com/x/Q73Xrwuy/
The rebound from down trend of this counter might expect to stay in the horizontal zone for some period
It form also a fundamental with W at the bottom and going to form M shape during its rebound.
Stop loss could set at the recent low of 28.00 and 25.00
The beauty of the chart is, all the 3 major trend lines have been join together now and preparing for its uptrend bullish momentum
Chart Patterns
Technical Indicators
Trend Analysis
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