Report
Zev Spiro, CMT
EUR 229.48 For Business Accounts Only

Silicon Motion Technology Corporation (SIMO) Update- Buy Opportunity

This update reiterates the bullish outlook discussed in the May 23rd report. It depicts a close above resistance of a large two year long bullish continuation pattern.  An actionable buy opportunity is outlined, along with money management guidelines including, price target, support, and protective stops.

Underlying
Silicon Motion Technology Corporation Sponsored ADR

Provider
Orips Research LLC
Orips Research LLC

Orips Research is an independent research firm that specializes in global index, sector and equity strategic analysis, focusing on trends, price patterns and relative strength. We serve technical, fundamental, and quantitative firms, providing market analysis, actionable investment ideas, and customized research. Our low-risk high-return investment opportunities place a strong emphasis on risk management by including price targets, protective stops, support/resistance levels and inflection points. We cater to our client’s interests with high touch services such as, bespoke research, analyst calls, and presentations on any name, sector or industry spanning global markets and inter-market relationships.

Our services are used to generate ideas and enhance existing research by contributing an additional data set. Our proprietary research is straightforward actionable analysis that directly contributes alpha to our client’s returns.

Analysts
Zev Spiro, CMT

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