Freescale Semiconductor, Ltd. provides embedded processing solutions
for automotive, networking, industrial, and consumer markets worldwide.
The company's embedded processor products comprise microcontrollers,
such as ultra low power, low end 8-bit products to higher performance
16-bit, and 32-bit products with on-board flash memory, which provide
the digital logic or intelligence for electronic applications;
single-and multi-core microprocessors; and applications processors with
embedded memory, and special purpose hardware and software for
multimedia applications. It also offers wireless connectivity products
for low power wireless communications functionality; communications
processors that perform tasks related to control and management of
digital data, and network interfaces; and radio frequency devices, such
as power transistors, amplifiers, receivers, and tuners. In addition,
the company provides analog and mixed-signal products, such as power
management devices, system-based chips, battery and motor control
devices, CAN/LIN network transceivers, and radar and signal
conditioners; sensors comprising pressure, inertial, magnetic,
proximity, and gyroscopic sensors, which act as an interface between an
embedded system and external environment; and cellular products.
To review Madden's stock, please take a look at the 1-year chart of
FSL (Freescale Semiconductor, Ltd.) below with my added notations:
After hitting $16 as resistance (maroon) twice back in February and
March, FSL fell all the way down to $12. Since that time though, the
stock has worked its way back up and broken through its $16 resistance,
which was also a new 52-week high. A pull back to that $16 level could
provide a nice long entry on the stock.
The Tale of the Tape: FSL broke out to a new 52-week
high and now seems to be pulling back. A long trade could be made at
$16 with a stop placed below that level. A break below $16 would negate
the forecast for a continued move higher.
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