MCHP – 30-Min Long Trade Setup!📈
🔹 Ticker: MCHP (NASDAQ)
🔹 Setup: Falling Wedge Breakout + Oversold Bounce
🔸 Breakout Zone: ~$40.74 (yellow zone breakout)
📊 Trade Plan (Long Position)
✅ Entry Zone: $40.60–$40.80
✅ Stop Loss (SL): Below $39.08 (white key level)
✅ Take Profit Targets:
📌 TP1: $43.27 (red zone – resistance shelf)
📌
MCHP – 30-Min Long Trade Setup!📈
🔹 Ticker: MCHP (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Trendline Break + Support Reclaim
🔸 Breakout Price: ~$48.47
📊 Trade Plan (Long Position)
✅ Entry Zone: $48.40–$48.50 (bullish breakout + yellow resistance zone retest)
✅ Stop Loss (SL): Below $47.62 (white support zone – str
Bullish Re-Entry on MCHP – Strong Support & Long-Term TrendI’ve gone bullish on NASDAQ:MCHP once again, making this the third entry after being stopped out twice recently. Last Friday, I re-entered because the stock is in a strong, long-term bullish trend and currently holding at a key support level . Volume has also increased , showing renewed inte
MCHP Bullish Setup – 1:25 R:R with 3 Consecutive Doji CandlesNASDAQ:MCHP has arrived at a key historical support level, and we’ve now seen 3 consecutive doji candles, indicating indecision but a potential bullish reversal. The stock remains in a long-term uptrend, with the all-time high (ATH) not far off.
Increased volume suggests renewed buying pressure, o
Long trading idea on $MCHPLong trading idea on NASDAQ:MCHP
Reasons to buy:
The stock has arrived at a strong support level, maintaining its long-term uptrend.
We're not far from the all-time high (ATH), offering a favorable risk/reward ratio of 1:18 until ATH.
Increased volume and the formation of a doji signal a potent
MCHP Long Setup: Oversold Rebound w/ Rising Volatility & VolumeMicrochip Technology (MCHP) is presenting a promising long opportunity for a temporary rebound, supported by three strong technical factors:
Slow Stochastic in Extreme Oversold Territory : The indicator is below 20, signaling excessive selling pressure, often linked to potential short-term recov
MCHP - JULY 24 MATrend Sustainable Momentumsubmitted MCHP's order before market open. Stock dropped significantly as the broader market was already falling.
I closed the trade early as per plan as tomorrow is the release of the GDP report (High impact)
MATrend Sustainable Momentum (Systematic) 🚀
This is a variant of the Unsustainable stra
MCHP - May 24 (MATREND v1.6)Entered Short MCHP based on the 29 May signal. This is a good exploration probe because if price breaks the resistance we should see some good downward movement.
Regime Indicator: Bearish
v1.6
Exit rule tweaked to Daily 10SMA
Calibrated entry specs, to slightly loosen up the Stoploss
atr_x = 2.5
e
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Displays a symbol's price movements over previous years to identify recurring trends.
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