It is very clear that AMD is going to be a few node sizes ahead of Intel for the next few years. On top of that, they will be dominating the console and commercial server market. AMD is highly undervalued here and wouldn't be surprised to see a full 100% extension of the cup by the end of this year.
$SIMO broke out of cup with handle base with buy point of $47.35. RSI broke the resistance as well. The volume is super If you find my charts useful, please leave me " like". thx
It needs to break $109.7 to confirm cup w handle. Watch for RSI break out as well. If you find my charts useful, please leave me a "like" thx
Chips have been one of the strongest industry groups in the last several years. The drivers are mobility, cloud computing, gaming and increased semiconductor use in general (including autos and industrial devices). 5G is another looming catalyst. Today the Philadelphia Semiconductor Index is on pace for its highest close since coronavirus first hammered the...
Several technology stocks have formed bullish triangles as they consolidate from the last few months’ of volatility. These include Microsoft , Salesforce.com and Mastercard – all playing out to the upside. Today another appears on the list: Semiconductor-equipment firm Applied Materials . AMAT has been trapped below its 200-day simple moving average (SMA)...
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Enphase (ENPH) has been an absolute beast, not just in terms of its chart, but in terms of other factors like earnings. After another quarter of strong earnings, the premium the market is willing to pay for this microinverter maker makes sense. Despite some risk due to a...
Macnica has more assets , after debt, than it's market cap is worth. You wont find a deal like this ever again. Reports indicate good earnings results and outlook. Trade at your own risk.
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Expectations of Q2 earnings are low for ON Semiconductor, and last quarter performance was underwhelming as well. There is likely a short setup here, and with earning only a few days away on May 14th, it makes sense to find our short now. Resource: www.earningswhispers.com ---...
Exhibiting signs of exhaustion, U.S. equities gave up nearly all their gains from the morning, closing today's session flat. The Dow Jones Industrial Average gained +0.56%, the S&P 500 +0.90% and the Nasdaq 100 led the way with +1.09%. Interestingly, a number of heavy hitters are roaming around resistance. One name of note is Apple which finally entered a region...
We lost the channel. Bearish.
After it hit the pivot, it is pulling back now and forming a handle.
Divergence between price and rsi, i expect to go down at 10 and after this at 9, where technically is a good support and it will be attractive to buy
Advanced Micro Devices was the top-performing member of the S&P 500 in both 2018 and 2019. Its last earnings report on April 28 was very middle-of-the-road. Results beat, and then management tried to talk down demand. Other chips like Intel and Qualcomm have struck a similarly cautious tone. However, investors know some positives lay in the future. They may see...
It is just below the both fib 0.618 and buy point resistances. If it breaks above #20, the target will be $24-$26. Watch for RSI as well.
Moving higher on strong earnings results and continued dominance out of Japan. Strong balance sheet. Actually more than it's market cap. Trade at your own risk.
AMD is forming a reverse head and shoulders. If we can break the ATH resistance on good volume, AMD will probably keep rallying. RSI has been trending higher, but it is not as high as it was in its past peak. (short-term bear). OBV has been trending higher, and its current value is slightly higher than its previous peak (short-term bull). Keeping on a watchlist.