$AMCC has an 11% business gap to the 20SMA and 24% to last high. Earnings has already been reported on 10/24. The Stochastics has crossed over and still oversold. The Macd histogram is heading up. The 3SMA looks like it will crossover the 5SMA soon. Before I enter I will need to see the 3SMA crossover the 5SMA.
The stock does have 85% institutional holdings.
Good luck God bless.