Market News & Analysis
Earnings Play: Qorvo
Jason Lubin May 7, 2020 1:07 AM
From a chartist's point of view, Qorvo recently broke above a major resistance level at $91.00 that has now become support right above the 200 day moving average. The RSI remains supported by a rising trend line. Look for a continuation higher towards $105.00 and $112.00 level in extension as long as price action can remain above the 200-day moving average.
Source: GAIN Capital, TradingView
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