A Cup Of SIMO

I am not going to pretend to be a great trader. Sometimes I do very well and other times, not so much. Then are times like with Silicon Motion, a stock I have had several good trades on, where most recently I did well in identifying a pattern (as an NFTRH+ highlight in NFTRH 334) and then sold wrong. I took a modest profit due to personal cash management reasons. But for NFTRH+ purposes, the trade is ongoing and subscribers who took the trade are very profitable (after a lot of grinding around in the Cup’s ‘Handle’ over the last few weeks).

A target well higher was noted for subscribers and this quality Semiconductor company seems to have no overarching reason not to reach it.  Although NFTRH+ notes that profits should be taken when deemed acceptable by subscribers.  A technical target is just a measurement after all.