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6 pts

Opinion on  Semtech Corp. (SMTC)     Sector: Technology  >  Industry: Semiconductors
Another stock for the next Bull Market

Apr 01, 2008 12:19 AM UTC
Picconnor
Return Risk
+6.49% LOW
Associate

If you follow my picks you know I am Bearish.  That being said I am finding some winners.  Be ready for the next market turn... find the winners!

SMTC appears to be a winner.  A beautiful trend reversal has been taking place since early Feb.  I like it all the way to 20 with some consolidation occurring around 17.  I have a stop at $13.35.


SMTC:  This call was made on 04/01/08 @ $14.3
Rating:   Positive   $14.3 (04/01/08)
Gain/Loss:   -34.34% in 233 days
Target:   $20.00 (+39.86%) in Six months


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