This stock has certainly been on a wild ride lately! 🛫 Following the dip after the earnings report, we are currently experiencing some sideways action. However, in my opinion, this could be a period of consolidation that precedes the next upward movement. While supply chain issues remain a challenge, the demand for chips continues to be extremely strong across various sectors, including AI, cloud computing, and the automotive industry. This makes it hard not to adopt a bullish outlook for the long term. Additionally, it’s important to keep an eye on the 50-day moving average, as maintaining this range could signal an impending breakout. I'm curious to know if anyone else is considering adding more shares at these levels, or if we’re all waiting for another dip before making any additional investments. 🤔 Please feel free to share your thoughts and strategies!
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