Technicials:
Initial break out of the trading range of $6-$10 has rallied to $35-$36 and for almost 6 years it has been testing the previous break out levels and consolidating between
$10-$35.Now it broke past this range from $35-$36 to $42 only suggests that it will move to next target levels atleast $100.
Entry Point: $35-$36
Target : $100
CEVA, Inc. (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT). The Company operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers. CEVA addresses the requirements of the mobile, consumer, automotive, industrial and IoT markets by designing and licensing a range of application-specific signal processing platforms, which enable the design of solutions for developing a range of applications, including communications and connectivity, audio and voice, imaging and vision, and storage.
