1.Ends up a 3 month long consolidation with a decent breakout
2.Upward candles gained momentum
3.Tweezer Bottom Formation before trend reversal
4.Excellent bounce from 0.6 Fib + EMA 50 Confluence
5.Outperforming Sector & Broader market
6. Gained Momentum, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages
7.Volume Gain
8. Catalyst:Acquiring Renesas Electronics Corporation’s radio frequency (RF) components business for $36 million, marking its entry into semiconductor design.
Chart PatternsTechnical IndicatorsTrend Analysis

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