pool adsHow the price action of Maxim Integrated Products (MXIM) is used to our Advantage
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Maxim Integrated Products (NASDAQ: MXIM) data table below can help you with price action, and we have more details too. Trading plans for MXIM are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Strong | Strong |
| P1 | 0 | 0 | 94.98 |
| P2 | 103.11 | 102.26 | 101.64 |
| P3 | 104.01 | 103.75 | 108.41 |
Support and Resistance Plot Chart for MXIM
Longer Term Trading Plans for MXIM
June 15, 2021, 3:00 am ET
Our Longer Term Plans for MXIM help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this MXIM Report.
Long Support Plan (Long Term Trading)
Buy MXIM over 101.64 target 108.41 stop loss @ 101.35
The technical summary data tells us to buy MXIM near 101.64 with an upside target of 108.41. This data also tells us to set a stop loss @ 101.35 to protect against excessive loss in case the stock begins to move against the trade. 101.64 is the first level of support below 104.13 , and by rule, any test of support is a buy signal. In this case, support 101.64 is being tested, a buy signal would exist.
Short Resistance Plan (Long Term Trading)
Short MXIM under 108.41, target 101.64, stop loss @ 108.72
The technical summary data is suggesting a short of MXIM as it gets near 108.41 with a downside target of 101.64. We should have a stop loss in place at 108.72though. 108.41 is the first level of resistance above 104.13, and by rule, any test of resistance is a short signal. In this case, if resistance 108.41 is being tested, a short signal would exist.
Blue = Current Price
Red= Resistance
Green = Support
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