TTM Technologies (TTMI)'s Technical Outlook is Bright After Key Golden Cross

Technical Analysis - TTM Technologies, Inc. (TTMI) has reached a significant support level, indicating a potential investment opportunity from a technical perspective [1] - A "golden cross" has occurred, with TTMI's 50-day simple moving average breaking above its 200-day moving average, suggesting a potential bullish breakout [1] - The golden cross is characterized by a short-term moving average crossing above a long-term moving average, typically indicating stronger breakouts [1] Market Performance - TTMI has experienced a rally of 44.9% over the past four weeks, positioning the company favorably for a breakout [3] - The company currently holds a 1 (Strong Buy) rating on the Zacks Rank, further supporting the bullish outlook [3] Earnings Outlook - There have been no cuts to earnings estimates for the current quarter, with three revisions higher in the past 60 days, indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for TTMI has also increased, reinforcing the positive sentiment around the company's performance [3][5]