When Investors Make Decisions in Maxim Integrated Products MXIM Opportunities Surface

June 05, 2021, 12:00 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Influential #investors can create defining moments in a stock's price, by simply making large #buyandsell decisions, and Maxim Integrated Products (NASDAQ: MXIM) is no exception.  Pivot points in a chart pattern are often created by these events, and as we have learned this does not require institutional investment decisions.  For MXIM like every other stock, smaller investors can be heard as well, but one thing is the same.  No matter what class of influential investor is speaking, we can hear what they are saying with their pocketbooks by looking at price action; that is exactly what we have done below.  This changes over time, so we suggest updating the data for the most actionable results, but this static example also demonstrates how this is done.  For an update, please request Unlimited Real Time Reports. 

Technical Summary

Support and Resistance Plot Chart for MXIM

Longer Term Trading Plans for MXIM

MXIM - (Long) Support Plan

Buy over 100.85 target 107.70 stop loss @ 100.56

MXIM - (Short) Resistance Plan

Short under 107.70, target 100.85, stop loss @ 108.01

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