Lattice Semiconductor Corporation (LSCC) Stock Analysis

Lattice Semiconductor Corporation (LSCC) stock has displayed relative strength in the past couple of weeks. From its lows back in early October 2022, the stock has moved up by more than 40% within a span of a few weeks. The semiconductor stock not only moved up on strong price action and volume but it has also managed to keep most of its gains with a shallow pullback after its move up of only 17%. The stock found support at the 50-day moving average (red line) before moving up and breaking above the resistance at $72. The stock also possesses strong fundamentals with 3 consecutive quarters of double-digit growth year over year for both earnings and sales. This is a stock to pay attention to!