Hello everyone, AMD has been an outperformer since it tested the 73 support multiple time earlier this year. It broke out of a 6 months long downtrend line in 2020 November and is currently backtesting it (thick yellow line). This may indicate the strong hyper momentum semiconductor stock is ready for another powerful rally. Disclaimer: I personally hold AMD...
Beautiful channel formation here but the time has come where descending triangle is forming, these are usually bearish. TSM is having problems with production due to water shortage, $MU ceo yesterday talked about how NAND demand is not necessarily as high as the market thinks. Different industry, but is this company really worth 3x pre-covid? I lean towards...
Gap above, needs to put in a base after earnings reaction, likely to reject gap before starting to fill.
This has been a frustrating name to trade but I can't ignore the setup here. NVDA earnings this week could impact this either way.
After a nice climb TSM has pulled back and looks to be breaking from this descending channel. Entry over recent high shown here will confirm a breakout.
AMD seems to be the contrarian play in the semiconductor field right now so I'm going to go ahead and suggest starting a position at these levels around $90 a share. It has been outperformed by its peers to a great degree recently for no apparent reason. I assume profit-taking attributed to taking it down from nearly $100 a share. Buy under $93. Sell half at...
Atomera and Market Leading Semiconductor Company Sign Joint Development Agreement for Use of MST in Future Devices. entered into JDA with a leading semiconductor provider for integration of Atomera's Mears Silicon Technology (MST) into their silicon fabrication process. Atomera's MST is a patented, quantum-engineered material that enhances transistors to deliver...
Long swing through February, pick up 40c 2/21 for some profit. Good trend line, drop from lack of guidance back into the channel.
Shown here on the weekly view, it made a higher weekly high confirming a weekly breakout. Lots of eyes on this one and large order flow, 6th most bullish by volume on CheddarFlow with 195 orders totaling $25.2m. But as its been faking us out recently, a break over October's high to confirm a monthly breakout is a more conservative entry. Most institutional orders...
3H hanging man candle. Trading range. indicators divergence. looking into selling call spread, buying $90 leg just in case trading range break so I can close my short leg.
trendline support, good entry point
Put in a quick base post-IPO and has had bullish price action since.
Hello there, This chart is heavily based on fundamentals and we will talk about it: Elmos is about to go big. I mean really big and this is related to the automobile market. As the automobile market evolves, so does its functions and use cases to. Electrical/ Hybrid cars are a thing now, and there's no doubt that the semi conductor market is going to explode,...
iShares semi-conductor ETF (SOXX), on Thursday had its largest inflow of the year with more net inflows on Friday. I would prefer entry at $194 - $195, but I am getting long at $198.43 with a TP of $220.