I'm not a shareholder, but I watch Intel. Gotta give XLNX a pat on the back for a good job in this impossible market. Dont think they will move drastically unless bad surprises from rest of the sector drag them down. I wouldnt buy right now, but I wouldnt sell either.
There is strong support for XLNX in the low 14s. This will be flat tomorrow and will move based on INTC's report. Too late to sell now but a good time to start buying. This is a sure 18-19 within a month.
yes...yes....yes...the reason xlnx is not trading at 17 today is the macro-deterioration in the overall market...hopefully if JPM and INTC report better than expected, the market can turn and Xlnx can too reverse course headed to 17-18-19...well see...I got calls