Furthermore, that level is the top line in an «ascending triangle» pattern, so a break above that level would prove quite
bullish on a technical basis.
Not exact matches
Nevertheless,
based on our March 28
technical analysis of the semiconductor sector, we are still
bullish on the intermediate - term bias of $ SMH.
Take a
technical analysis look at five stocks that may be heading to the upside in 2016,
based on a
bullish MACD crossover buy signal.
We're looking for companies that are undervalued — both
on a discounted cash flow
basis and versus peers — have strong growth potential, have a solid track record of creating economic profits for shareholders with reasonable risk, are strong cash flow generators, have manageable financial leverage, and are currently showing
bullish technical and momentum indicators.