On a yearly performance, MU did better than 77% of other electronic components stocks. Now it is currently trading near its 52 weeks high so it is performing in line with the broader markets. On a mid-term based daily chart, we could see a strong wedge uptrend pattern with momentum, and a few minor pullbacks occurred due to some broader geopolitical impacts such...
Semiconductors rallied after news the U.S. will remove currency manipulator tag from China. Trade tension between the U.S. and China has been easing which likely to give another boost in the chips industry. Among those 137 stocks, AMD outperforms 97% of them. Currently, it is trading near its 52 weeks high and however S&P is also trading near new highs, which...
Intel options interest is highly bullish today as call-buyers bet on a last-minute trade deal ahead of the December 15 deadline for new China tariffs to go into effect. Intel is definitely one of the safer bets in the semiconductor space, with a 9.5/10 analyst summary score and an attractive P/E of just 13. The stock's valuation is rated 95/100, or extremely...
Confirmation/Entry: 124.46 (ideal) / 188.78 (early) Invalidation: Local high Target: Three targets on chart TF: D Leverage: 2x Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, and 3) death cross on daily.
GaN chip'n dip LONG For own notes. Entry $16 area.
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
TXN shows a cross-over on MACD at Fibonacci Retracement 0.500 and on 1 hr. chart likely having a short dip below $97 entry area. Recently increased their dividend nicely over last 5 years as well. Been watching them invest in R&D and they have chips in growing markets for 5G, automotive, communication and industrial. In the last 12 months, TXN has returned...
i know that many are so bearish in the Semi and the Chips but this chart is so bullish for me , buy the dip even with bad earning and be patient with your trade hopefully earning will not be too bad today so lets see double bottom on the chart with higher low in the indicator, lower high in the chart and higher high in the indicator
Dear Traders, After the fiasco at NVDA (lol) A lot of new investor are looking more and more into AMD which is it's direct competitor. AMD is showing a lot of potential. RSI and MACD Histogram showing bulls are in power and price action reflects that. Looking at where the price is located I see its just under the 100 moving average (located at 20.74$) 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. BY Investars...
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.
TELECOM Sector 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 ?? ...
Been waiting for a pullback in NVDA, and its finally here. Share your opinion, comments and questions. Good Luck! I will keep updating this post.
Intel has reached a nice support area. I believe this is a nice time to get in the stock. Share your opinion, comments and questions. Good Luck! I will keep updating this post.
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...
Completed wave 4 and should bounce off 150 MA, go up a bit, retrace and bounce off 50 MA. PT $72 Lets see how it goes, too much uncertainty in the market right now to really tell.