Medium term view - XILINX INC : Prices are evolving within an ascending channel.
In our previous medium term analysis (17/05/2016), we were bullish.We remain bullish with a target at 63,4 $ and an invalidation level at 48,2 $.
The bullish trend unfolds.
Arguments :
- The moving average is supporting prices.
- Prices are evolving within an ascending...
Xilinx designs and develops programmable devices and associated technologies, including: integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips and three-dimensional ICs; Adaptive Compute Acceleration Platform, a multi-core heterogeneous compute platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP), which consists of the company and third-party verification and IP cores. In addition to its programmable platforms, the company provides design services, customer training, field engineering and technical support.
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