Confirmation/Entry: 124.46 (ideal) / 188.78 (early)
Invalidation: Local high
Target: Three targets on chart
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, and 3) death cross on daily.
MU is about to hit 100 day MA at around 37.59 and there is a Fib resistance lvl at ~37.0
Expect it to run up before March 20th ER. RSI is also falling and is currently at the key mark of 40 for oversold.
1st TP - ~41.5 2nd TP - 42.18 3rd TP - 43.8
1st SL - 37 2nd SL - 34.11
Chip stocks look waaay overdone, yet I don't think it's over. If you look at just 2019, this gap looks like an exhaustion gap, but if you look at the semiconductor ETF (SMH), you can see that it looks more like an island gap.
Wait at least until SMH hits $106 before shorting chips. Also, chip stocks were strong last Feb/March.
Not sure if SMH is worth chasing...
i know that many are so bearish in the Semi and the Chips but this chart is so bullish for me , buy the dip even with bad earning and be patient with your trade hopefully earning will not be too bad today so lets see
double bottom on the chart with higher low in the indicator, lower high in the chart and higher high in the indicator
TXN shows a cross-over on MACD at Fibonacci Retracement 0.500 and on 1 hr. chart likely having a short dip below $97 entry area. Recently increased their dividend nicely over last 5 years as well.
Been watching them invest in R&D and they have chips in growing markets for 5G, automotive, communication and industrial.
In the last 12 months, TXN has returned...
After the fiasco at NVDA (lol) A lot of new investor are looking more and more into AMD which is it's direct competitor.
AMD is showing a lot of potential. RSI and MACD Histogram showing bulls are in power and price action reflects that. Looking at where the price is located I see its just under the 100 moving average (located at 20.74$) which...
MTSI has some cool chip technology and beaten up like most tech stocks in US-CH trade war saga.
Zack posts strong sell prior to MTSI have strong upward climb today after missing Q4 Rev. targets. Acquisition candidate>>>? What gives??
Zacks Investment Research, Inc. downgrades MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC from HOLD to STRONG SELL.
Apple took a major hit, along with many other companies, from the allegations of hardware infiltration. I believe AAPLE will rebound back to 225-227 before 11/16/2018 if the allegations are false. My diagram is just a visual of what I just said.
I have included
Time and Date Bloomberg released the story and you can see soon after that AAPL took the dip
What's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to...
Our extremely thorough analysis indicates that a YOLO trade might be warranted on MU. We are buying $55 calls expiring tomorrow. We expect a large plate of chicken tenders for dinner, should this move occur.
Qualcomm snapdragon chips tend to go into cell phones #QCOM
Apple introducing new iphone as release X a fake release to 5G #AAPL
OLED displays are the best in the market #OLED
STM chips for ASIC might be made by someone else #whoknows
AXTI 3D sensors might have competition ?? ...
Good news keeps trickling out of AMD and this stock has HUGE short interest. If this climbs higher then shorts will have to buyback at considerable loss and this will drive the stock higher.
Resistance at 15.65 52 week high
Take a position with a tight limit. If this breaks 15.65, we can easily see 17-18 by August
Applied Materials fell hard on guidance today. Did AMAT stock get put on clearance sale with the drop?
Whether or not the stock deserved to fall almost double-digit percentages on the day is subject to debate, but the important thing is it fell to a very strong support level - and the tech story continues to look good.
Thank you for for lending me your...