This post was just published on ZYX Buy Change Alert.
QRVO makes RF semiconductors. QRVO is a prime 5G play.
QRVO is long from $15. It is trading at $125.10 as of this writing.
QRVO came to the portfolio because of our ownership of RFMD. RFMD and TQNT merged to form QRVO. To date, 157 Arora Portfolio companies have been bought out producing a fortune for our long time subscribers.
QRVO earnings were better than the consensus and the whisper numbers. This is the reason the stock is jumping.
For those following the Best Way the buy zone is 🔒 (To see the buy zone, please take a 30 day free trial). Even though, because of 5G, we expect earnings to keep on rising, this stock is prone to bad news. For those with patience, it makes sense to wait for a potential dip into the buy zone. The buy zones are designed for a 70% probability of a fill in the next 120 days.
For those following the Good Way and are aggressive, the Buy Now rating is 🔒 to start a small scale in.
The long term target zone is $185 to $210. This is a very long term position.
What To Do Now
Those in the stock may consider continuing to hold.
Those not in the stock may consider following the parameters given above.
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