Analog Devices, Inc. (ADI) Report – Price Expansion Signaled, Buy on Weakness
This report depicts the trigger of a bullish continuation pattern that indicated a positive price expansion. It discusses short term overextended conditions that may lead to a minor pull back or consolidation, which may be used as a buy opportunity. It includes an actionable buy opportunity, and money management guidelines including price target, support and protective stops.
Analog Devices is an analog technology company. The company designs, manufactures, and markets a portfolio of solutions, including integrated circuits, algorithms, software, and subsystems. The company's analog products include data converter that translate real-world analog signals into digital data and also translate digital data into analog signals, amplifiers that condition analog signals, and power management and reference products that include functions such as power conversion, driver monitoring, sequencing and energy management. The company's digital signal processing products are designed to execute software programs, or algorithms, associated with processing digitized real-time, real-world data.
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