Recent political environments regarding Taiwan Semiconductors have highlighted the world's economy's need to wain from the dominance of TSM in the semiconductor manufacturing process, I think a great deal of money is going to come into NVDA both private and government as the US seeks to retain harmony with political rivals. This could greatly benefit Nivida's...
Today, we will take a look at QCOM The price is currently against a major support zone that has been working effectively since October 2020. Let see what we can expect in case of bearish or bullish resolutions. This analysis is meant for people that develop short-term setups. Why am I saying this? because, at the moment, we can't think about new trends like...
Late in the day price managed to break out of this bullflag Tomorrow if indices help, NVDA will be a great play !!
The US markets have taken a beating over the last few weeks but as sellers start to reside we could see some short term recoveries across the market on some strong players. Im watching AMD closely with this flag formation, not ruling out a drop back further yet before a bounce but the market structure is set for a continuation Fib levels from the last bullish...
Semiconductor stocks have struggled along with the broader market, but a few have managed to outperform. One of them is Broadcom. The most interesting feature on AVGO’s chart is the series of higher lows, including Monday’s dip under $475. In contrast, the Nasdaq-100 made a lower low versus August. Next, the bounce is occurring at the 100-day simple moving...
Semiconductors/chips continue to be an essential part of everything around the globe. For a year, we have maintained an upward trend, which is being tested today. There are clear outperformers in the industry, but it is clearly been working for all of them as a whole. When we have touched the trend line in the past, we have had a 50 point gain, which has...
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...
Here are some zones to ponder for NASDAQ:AMD next week. I have some larger bear and bull scenarios, but this is my little short term sliver of FRIDAY NIGHT FORESHADOWING. Bullish in the blue, bearish in the red. Beware fakeouts! Get on board, buddies!!! -- patrick
Wake me up in 2022 and we'll take a look at how this played out... beep boop patrick
Advanced Micro Devices rallied hard on strong results in late July. Now almost two months later, the chip stock may be ready for another move. Notice the slow and lazy pullback since early August, which resolved with a quick test under $100 on Monday. AMD came within $0.28 of its previous peak from January 11. That might be close enough to say old resistance is...
Hi everyone! Today I am posting an update of my NASDAQ:AMD stock analysis and position. I first provided my analysis on the stock mid August together with my boxes strategy tutorial. It is linked below. Now let us see how it holds up. Demand level of the higher box at 104 has proven to be a decend support. We broke out of the box to the downside during a...
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short...
see chart, looking for this BULL flag to get broken to the upside, nibbled some NOV Calls here
Today, we will speak about NVDA On this chart starting on March 2020, these are the elements we can see: a) The price was inside an ascending channel (let's call it number 1) and also has broken that structure. Currently, we can see the price supported on that dynamic channel. b) Another interesting element is that on the 1H chart, we can see a clear Flag...
If you are looking for a 5G play QCOM is a stock you should consider.This fairly valued company trading at just under 20 PE and a 2% dividend is set to grow its business exponentially due to the roll out of 5G. QCOM is well positioned for the roll out of 5G as they manufacture the leading 5G chip called the snapdragon. Also, the infrastructure bill is a looming...
NASDAQ:AMAT has been seriously testing its dynamic support through last weeks earnings report, but has not yet posted a full daily candle beneath. Still, that support has been functionally invalidated by 4 successive candles poking through. In my opinion, a new technical structure is therefore forming. How price action respects the MA200 and/or key supports in...
Prysmian is a Italian leading company with headquarters in Milan, specialising in the production of electrical cable for use in the energy and telecom sectors and for optical fibres. GOOD BULL TREND A decidedly healthy and balanced bullish trend and a strong growth in the semiconductor sector suggest a continuation of the bullish trend in the medium / long term.
Prysmian is a leading Italian company with headquarters in Milan, specialising in the production of electrical cable for use in the energy and telecom sectors and for optical fibres. Market that is close to breaking the highs, given the fundamentals and the sector, we can expect a continuation of the medium / long-term uptrend with a target of € 50.