Investors should be ready to short Analog Devices,

Investors should be ready to short Analog Devices, Inc. (NASDAQ:ADI) when it hits $84.50 in the coming days. The calculation of this target is very simple. Take the first move up which was 9.75 points and then assume that will be the second move higher as well. That gives the upside target on Analog Devices as $84.50. The stock chart explains it much more clearly than I can. This level should be tagged within days and will be a perfect level to short. Investors should prepare for a sharp pull back off that price, well over 10%.





Analog Devices share stock market target price calculation

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