BUY MPWR Monolithic Power Systems, Inc. Blue Sky Breakout (daily) strength 80%
2026-10-02 · entry ≈ 1,439.73 · stop 1,295.76 (10.0% risk) · CONFIRMED — settled close
Setup conditions
✓Overbought extension over trend MA 28% over 200dma (>=25%)
✓Tangled in the MAs 22d
✓Worst pullback close vs trend MA -9.3% (kill if >5% below)
✓Closes below the trend MA 13
✓Trigger: close above all 3 MAs
Strength boosters
☐Held within 2% of the trend MA (respected it)
☐Bobbled between the MAs (proved S/R)
target(prior high) 1714.09; initial stop 10% below entry; TRAILING EXIT: close below >=2 of the 25/50/100d MAs (backtest-optimal on Sharpe/Sortino/CAGR, locked 2026-08)