Monolithic Power Systems, Inc. (MPWR) Update – Another Buy Opportunity, Target = $150
This update on MPWR illustrates an intact predominant uptrend. It highlights the trigger of a bullish price pattern that formed within the primary trend. In addition, an actionable opportunity is identified, along with money management guidelines including price target and protective stops.
Monolithic Power Systems is a fabless semiconductor company. The company designs, develops and markets power solutions for systems found in consumer, computing and storage, automotive, industrial, communications and consumer applications. The company's primary product families include the following: Direct Current (DC) to DC products, which are used to convert and control voltages within a range of electronic systems such as portable electronic devices, wireless Local Area Network access points, computers, and monitors, automobiles and medical equipment; and Lighting Control Products, which include lighting control integrated circuits that are used in backlighting and general illumination products.
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