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Yes, MMAT's target got raised 100X ( it has been in that neighborhood before)
MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high.
It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an
early breakout. The breakout is a confluence of the apex of...
EVs have not been a hot sector as of late.
Largely due to the supply chain crisis, lack of chips, and the fact many are extremely speculative stocks.
However, Tesla does not like to spend time below the 800 for long. The bulls usually come in and fire this stock back upwards.
Expecting a short-term relief rally up to around 870 and likely heading lower again....
You can't throw a cpu chip without hitting someone that is complaining about how the market is overvalued.
You just need to look at the buffet indicator to see the total market is over x2 overvalued.
What most people are not looking at is why.
This idea attempts to highlight semiconductors influence on the overall market and expansion of the options market...
Based on the current global chip shortage. There are 3 companies worth paying attention to TSMC - INTEL - SAMSUNG. The 3 of them are heavily investing in increasing their production capability to finish these shortages affecting key industries across the globe.
Today, we will analyze INTEL from a technical perspective:
-The main thing that we can observe on...
As we all know TSM has amazing fundamentals, incredible advantages in their business model and benefitial political terms inside their country, right now their competitors are not close enough to compete with them at full scale. So we are not going to argue about value for this company. Not all day we have infront of us a company that represents value for half of...
Ben Rabizadeh, founder of storytrading.com, said Aehr Test Systems is his largest position.
Rabizadeh is targeting a short-term move to the mid-teens if the stock is able to break through $8 per share with high volume, which just did.
Aehr Test Systems could reach $50 by the end of 2021, Rabizadeh said.
The stock could trade as high as $100 per share in the...
QCOM - Current Price $130.48 Price Target $165
Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip...
