Bullish Re-Entry on MCHP – Strong Support & Long-Term Trend

I’ve gone bullish on MCHP once again, making this the third entry after being stopped out twice recently. Last Friday, I re-entered because the stock is in a strong, long-term bullish trend and currently holding at a key support level. Volume has also increased, showing renewed interest, and with the all-time high (ATH) not far off, there's strong potential for upside. This trade is structured with a 1:18 risk/reward ratio for an optimal setup.

https://www.tradingview.com/x/GNW83sus/