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.
Although no longer necessary a sweep of the highs to 100 would make XSD much easier to trade as we enter into the next economic cycle down. Those following in the Telegram will know I have been tracking the highs in Consumer staples from a Waves perspective here: As the final target has been reached which coincides with a Technical double top (at least so far...
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.