Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Lattice Semiconductor

The Markets This Week

Asian stocks are rising to a six-week high so far this Monday, with the Europe markets now opening and reacting somewhat positively with also the euro strengthened and fears about debt defaults decreasing as French President Nicolas Sarkozy is promising to support Greece with their debt crisis. Marc Faber of Gloom Boom Doom told CNBC that investors should accumulate gold every month now forever or look to Asia and emerging market stocks instead of USA equities. I totally agree. I’m seeing more continued strength and growth in Asia Emerging economies and markets compared to USA and Europe right now.

Major Global Economic Data Reports This Week

Monday: Switzerland Unemployment Rate and Retail Sales. Germany Industrial Production. Canada Housing Starts

Tuesday: Australia Business Confidence. Japan Leading Index. Switzerland Consumer Price Index

Wednesday: UK Gross Domestic Product. Germany Consumer Price Index. New Zealand Interest Rate Decision.

Thursday: Australia and Switzerland Unemployment Rates. USA New York Fed Dudley Speaks to London Economists.

Friday: Canada Unemployment Rate. USA Retail Sales.

My Stock Pick This Week

Is Lattice Semiconductor. The technical’s on Lattice are a strong buy right now. I would also recommend new buy positions on Altera, Cypress Semiconductor and Xilinx in the technology sector too. The Smart Phone market that these companies support is still strong. March 3rd the Lattice said revenue will grow 21 percent to 25 percent from its fourth-quarter levels, which suggests a total of $66.7 million to $68.9 million, and the stock price gapped up and closed from 3.08 to 3.40 that day. Lattice previously predicted revenue growth would not exceed 12 percent. Also they reported robust growth across all product lines and continued strength in new order bookings.

Buy Long Lattice Semiconductor – Ticker LSCC

Buy Entry: 3.28 to 3.66

Stop-Loss: 2.88

Take Profit Areas: 4.32 to 4.43, 4.78 to 4.90

Resistance Areas: 3.59 and 3.67

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation engages in the design, development, and marketing of programmable logic products and related software. It offers field programmable gate array (FPGA) products, including LatticeECP family, which is designed for customers who need FPGAs with digital signal processing, and is also used to deploy in wireless infrastructure and wireline access equipment, as well as video and imaging applications; LatticeXP, the non-volatile LatticeXP FPGA family embed a flash memory block on-chip to store the program; and LatticeSC that combines a high performance FPGA fabric with high-speed serial communication channels, large memories, and high-speed IO. The company also offers programmable logic device (PLDs) products consisting of ispMACH4000, an in-system programmable complex programmable logic device (CPLD) family; spMach4000ZE that targets handheld and portable equipment; MachXO family of various non-volatile reconfigurable PLDs, designed for applications implemented using CPLDs; and power manager and ispClock programmable mixed signal devices. Lattice Semiconductor Corporation distributes its products directly to end customers through a network of independent manufacturers’ representatives, and indirectly through a network of independent distributors. It primarily serves original equipment manufacturers in the communications, computing, consumer, industrial, automotive, medical, and military end markets. The company was founded in 1983 and is headquartered in Hillsboro, Oregon.

Click here to review different investing trading software that scans analyzes stocks for different technical criteria, and trade pattern setups.

Click the Lattice Semiconductor Stock Chart for a larger view.

Lattice Semiconductor Stock Chart

Disclosure: No Positions. Will initiate long position based on trade plan above.