Silicon Laboratories Inc. : USD 49.9 as next target price
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
US$43.98 | US$0 | US$40.5 | -100% |
From a technical viewpoint, the security is trading in a bullish trend in the short and the long term. Increasing moving averages let think there will be no reversal in the coming trading sessions. This growth should help to reach soon the USD 49.9 long term resistance.
A new bullish fluctuation could lead the security toward the USD 49.9 resistance. In consequence, investors can take a long position in Silicon Laboratories. A stop loss will be set under the short term support at USD 42.7.