InTEST Corp longSmaller semiconductor traded on AMEX. Stock is printing higher highs and moved over the EMAs.
INTT trade ideas
(Upside down Hammer says hellooo) Low FloatALERT; Look for a break above the HAMMERs before entering into a position move to the upside watch for volume, and the tape. GL
Long Position INTESTI entered Long at at an average of $7.35. I plan on adding more if this dips further.
I worked in this industry for 12 years and know this company very well. They are strong and growth potential is huge for them. They are continuing to look for more acquisitions - they just closed one recently.
P/E is 12-13 trailing which I feel is inexpensive
The 20 Day is staying above the 55 at the moment, which is good, if it crosses expect a dip and I will be buying more.
If you like to trade... this stock is pretty volatile...moving 2-3%+ almost daily. If you can time it right, you could make a lot of money trading this.
I hold long term positions for 1+ years and re-evaluate actively.
Happy Investing!
