semiconductors

AMD looks to be double topping on the weekly chart with some clear weekly bearish divergence on both the volume and on the RSI. We can see price has been rising on declining volume, and the relative strength of this latest push up is failing to break 70 on the RSI on a weekly basis. Potentially might see this one pull back to the 50 week MA around $26, or perhaps...

The trend is obvious. Proud to be the only few longs on the stock market while everyone else is screaming crash and recession. Semiconductors are going through secular trend. It will still be cyclical but the cycles will be much smaller and limited. Charts are telling us different story. Market always moves ahead of narrative. The narratives are there,...

Liking a swing opportunity in LSCC here. It's got that look to it!

SOXL attempted a breakout above its channel and above April's highs, but got rejected and dropped back down to support at the 50-hour moving average. Here it's showing renewed strength, with volume turning green and candlesticks looking bullish. I think it will make another run at 202, this time pushing through to previous highs around 208. SOXL has strong...

Reported by Reuters White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday (July 20th). Treasury Secretary Steven Mnuchin will also attend the White House event, to which chipmakers...

Micron (MU) got an upgrade to "strong buy" over the weekend from Zack's, the best-performing analytics firm. It also got some huge options volume today, targeting $49 and $55 per share. That's probably on the strength of both the Zack's upgrade and the stock's ascending triangle break. The triangle break implies an upside of about $6 per share from the current level.

The ascending triangle is one of my favorite chart patterns. To confirm a breakout, we need to enter the corner of the triangle and then break above the previous high that forms the top of the triangle. A confirmed breakout usually results in a move about half the height of the triangle, or about $9 per share in this case. One nice thing about this chart pattern...

SOXL has good buying volume today, but it looks a little risky moving forward. It's entering a resistance zone from previous highs, and it's got some bearish divergences on the hourly MACD. Daily RSI is nearing overbought, and daily MACD is nearing resistance at 9. SOXL is still bullish within the channel, but look for a good entry and keep stop losses in place...

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,...

Bloomberg broke the news on Wednesday July 3rd, 2019 that Broadcom is in talks to buy struggling Symantec. This is a terrible idea on many fronts and $AVGO closed down 3% on the news. I believe that investors do not want this semiconductor company to waste $20 billion on a cybersecurity company (and why pick the one that seems to be struggling the most?). ...

Intel leape above its trendline earlier today, but then bounced hard off channel top and back below the trendline. However, it's now peeking above the trendline again, which bodes well for tomorrow. Trump's announcement over the weekend that trade talks are resuming is good for Intel not only because it offers the promise of resolving the trade war, but also...

AMAT is on an serious uptrend to reach 70 in the next year. See all details on graph.

Trump and Xi Ping have come to a tariff truce at G-20 this weekend. Trump is now using Huawei (previously blacklisted, banned, etc.) as a bargaining chip, allowing TEMPORARILY, U.S. companies to continue doing business with China's Huawei. Here is a list of Top 20 U.S. based Huawei suppliers. I believe most of them will rally this month (July 2019). -...

- Double bottom at support. Micron is ready to fly, but I will wait a lite pullback at 35.00-35.50 - Strong stock on strong indusrty (Semiconductor). MU as been upgraded by Needham, from hold to buy at 50.00 as target. - Very trong fundamental : > P/E 3.57 > EPS : 157.6% this year Waiting for a lite pullback to buy and fly to 52.50 as potential and at is all...

This is not financial advise. For entertainment purposes only. MY OPINION AMD has had some good news, and solid growth despite the trade war between US and China. Finding support at the .618 Fib retracement at the end of a rising wedge, especially to end the week or month, could spark a full breakout to the ATH of $47.50. However, when adjusted for inflation, that...

AMD broke out of its downward channel today on the strength of a supposed earnings beat by MU. This may portend further moves upward by AMD.

Micron has been looking bearish in what appeared to be an emerging downward channel. However, after hours today it popped two and a half dollars per share on the basis of a supposed earnings beat. News outlets are reporting that earnings "crushed" estimates. The problem is that the analyst estimates are for GAAP earnings, and Micron's GAAP earnings missed by...

AMD has been trying to turn negative for a few days, and it just got there. Likely to fall from here. It's got poor analyst ratings, so there's reason for the channel break.