BULLISH MAXCPs   11-15-2021  

          Breakouts with high IP21 are preferred..




                                        MRAM - chips for electric  autos

Shares of the semiconductor player saw out last week with a 64% gain in Friday’s session after the company’s Q3 earnings impressed on all fronts. It also doesn't hurt that the stock climbed another 13.59% Monday.

So what's all the excitement about?

Everspin generated revenue of $14.8 million, amounting to a 46.5% year-over-year uptick and beating the Street’s forecast by $2.6 million. GAAP EPS hit $0.05, $0.10 above the consensus estimate.  Where so many have stumbled lately, Everspin delivered too; the company’s Q4 guidance calls for revenue between $16.25 million to $17.25 million and EPS of $0.05 at the mid-point. The street was expecting $12.75 million and $0.01, respectively.

The market is evidently showing an appetite for Everspin’s magnetoresistive random access memory (MRAM) products,