ChipMOS: Still On Track To Go Higher
IMOSChipMOS(IMOS) Seeking Alpha·2024-06-09 16:20

Aaron Hawkins ChipMOS TECHNOLOGIES (NASDAQ:IMOS), a provider of outsourced semiconductor assembly and test services or OSAT services to the semiconductor industry, got the correction in the stock some anticipated. The stock set a new 2024 high as recently as March 21, only to decline thereafter. However, while the stock has been rather indecisive lately and it has yet to return to the rally of before, there is an argument to be made the stock is not done yet and higher stock prices are in the pipeline. Long ...