Double Bottom still plays out. Needs to find support around 118.50/19, then we can expect a move higher. Psychological resistance at 125 - after that 130 in play
Semiconductors are getting stronger affected by global crisis nowadays, one of them is AMD which has almost superb metrics as on technicals and so on fundamentals, if you don't have AMD stock then it's something to consider.
GlobalFoundries Inc. ( NASDAQ:GFS ) Sector: Electronic Technology (Semiconductors) Market Capitalization: $42.208B Current Price: $78.94 Breakout Price (hold above): $77.05 Buy Zone (Top/Bottom Range): $74.35-$67.40 Price Target: $90.20-$91.60 Estimated Duration to Target: 40-43d Contract of Interest: $GFS 5/20/22 80c Trade price as of publish date: $7.80/contract
Marvell Technology, Inc. ( NASDAQ:MRVL ) Sector: Electronic Technology (Semiconductors) Market Capitalization: $63.051B Current Price: $74.37 Breakout Price: $75.15 Buy Zone (Top/Bottom Range): $71.80-$65.10 Price Target: $79.80-$80.80 (1st), $86.20-$88.00 (2nd) Estimated Duration to Target: 30-32d (1st), 58-62d (2nd) Contract of Interest: $MRVL...
NVDA Corporation ( NASDAQ:NVDA ) Sector: Electronic Technology (Semiconductors) Market Capitalization: $695.069B Current Price: $276.92 Breakout price: $283.50 Buy Zone (Top/Bottom Range): $261.80-$240.50 Price Target: $314.80-$316.90 Estimated Duration to Target: 54-62d Contract of Interest: $NVDA 5/20/22 300c Trade price as of publish date: $11.65/contract
I have been bullish on this name for a while, and missed out options play twice, but I know that market gives you several opportunities if you are listening. This weekly chart is just a start of what I expect to be MUCH bigger move in next few years. Test of ATh might come as early as next month. then breakout, perhaps C&H (which already shows on the...
1D Chart: Normal candle. On the day we look at the course of the Bump & Run compared to the previous TA. ( ) This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”. This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used. What is also interesting on the day chart? Is...
1D Chart: Normal candle. On the day we look at the course of the Bump & Run compared to the previous TA. ( ) This is because we are on the verge of claiming or being rejected as the price is now on the “Lead-In line”. This Friday will probably play a role in that, if the bulls really claim this, the RUN can be used. What is also interesting on the day chart? Is...
Nvidia stock NVDA had built a strong move on Friday to post a solid gains of 6.81% and close on the resistance area around $265.00. The stock is showing bottoming signals after violating the downward trendline, Prices have the potential to test the 50.00% and 61.80% Fibonacci Retracement levels ($276.00 - $293.00) consecutively. It is worth mentioning that...
An update on NVIDIA We are a month further and a lot has happened in a month. Looking at the 4 hours: Following the previous TA, the bulls had failed to break through. As a result, as reported, we may have started to fill the gaps that were lower, which have now been filled. It was perhaps a bit early to call but… in the end the double bottom W pattern formation...
Qualcomm ( NASDAQ:QCOM ). While I believe semiconductors will be the hot tickers again in the near future, Qualcomm needs to close the gap between $138.55 and $147.88. The upcoming Federal Reserve meeting and OpEx may serve as catalysts for this move. While it could rise to test resistance in the low- to mid-$160s to trap the bulls, I expect it to show more...
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia! This is a move that could have huge impact on American companies. 38% of NXP Semiconductors revenue comes from China. My price target from NXPI is $134. Looking forward to read your opinion about this.
Looking for a fill of the gap at 232 which coincides with the 2.0 extension of this 5-wave move down. Head & Shoulders pattern with negative MACD divergence.
Ok guys I am really bad about wanting to type out a thesis on my charts. Not all the lines on my chart currently matter, they are for my reference as a lot of the chart is hidden. Overall I see a possible pullback up to the $83-$84 range, after that my overall range to the downside for the current moment is $72-$77 with a more pinpointed range of $73-$75. I...
NVDA is finishing up the final leg of its correction. 200 will be an attractive place to go long before NVDA begins its ascent back to new ATHs.
Semiconductors potentially looking at another leg higher likely to benefit in different types of markets. Names like ACLS, MXL, MRVL and others pushing to new highs
$AMD Key Levels, Analysis & Targets Let me know your thoughts… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled (most of the time) (Support=Green, Resistance=Red, Trendlines=Blue) Fib will be labeled if any...
One ETF where you can short both EV and Semi $IDRV - Overcrowded - Trigger below $43 and waiting for a good set up formation