Chip Stock Watch: Inphi Breaks Out, Xilinx Close

By | October 15, 2015

Scalper1 News

Two semiconductor stocks are showing some notable chart action today: Inphi (IPHI) and Xilinx (XLNX). Inphi broke out of a consolidation base Thursday morning in big volume, rising as high as 28.10. Shares have retreated to 27.10 in afternoon trading, so it’s not clear whether the stock will be able to close the session above the buy point. Inphi shares have risen 47% this year. The stock has a near-best IBD Composite Rating of 98 out of 99, while Scalper1 News

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