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
The bull case is still in play as AMD although down considerably from 165 high , is still holding strong support at 100 and currently trading above its 200MA AMD has been building next level of support at 113 with a recent thrust to 124, which makes sense considering the 200MA is a VERY important level for the bulls and bears alike. So long as AMD holds 100 ,...
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as an accelerated processing unit, chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs, and...
SMH Breakout Retest of 313, needs confirmation . Failure expect a move back in the box to the 300 zone. Given the bullish seasonality and technical confluence (MACD cross and RSI uptick), bias is to the upside with $325 and $332 price targets. I'm long JAN $315 Calls, 30% stop.
Beautiful consolidation is occurring here with $NVDA after the Fed clarified tapering decisions today. Nice bounce off the 0.618 Fib level with RSI curling back up as well after hitting lows on the daily timeframe. It appears to be a great entry if NVDA can clear the 0.786 Fib level next. Just my personal opinion, not investment advice!
Lightwave Logic, Inc. is a revolutionary company that has commercialized electro-optic photonic devices made on its P2IC technology platform. Despite dollar strength potentially weighing on small caps we believe this may still have some energy left ⚡️
With a good ER, AMD should find its footing to grind higher and attack the overhead resistance.
When the Globes largest Semiconductor FAB, dumps 4% in one day... It might be a warning sign of Price action ahead. We continue to position into a Put Calendar Spread for the SMH from 240 - 270. We will begin to acquire 400 Puts within November 19 through December 17 Time Range. We believe there is an opportunity beginning today and are acting on what we see...
You have to laugh, as Retail was piling into the NQ/MNQ @ 71, 75, 82, 88, 90, 92, 95 on the SELL. The BOTS simply waited for the 3:59 arrival to run all those stops at 410 - 420. Usually, they wait until 1 second after 4 and run it vertical @ until 4:02 PM EST. By 4:05 PM EST - a new high off the Ledge @ 15428.50. Ya see, all the Baby Seals were thinking -...
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...
TSMC is a nice Iron Condor Setup looking back :) I like credit spreads here or can try naked calls to ride the channel up . Earnings upcoming so a better idea may be to sell puts and capture the IV crush after. Regardless, TSM has been in the 107-125 range since March and you can trade it as such until we see a bigger box breakout either up or down. I took...
See where she closes, but as of now, AMD has broken out of the descending triangle indicating bullish sentiment and more upside this week potentially. I'm long 10/15 calls , weekly 110C for a higher risk/reward idea
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
Going into quad witching tomorrow may get a move but my eyes are more so on next week. My bias is long given the BULLISH option flow going into the coming weeks/October. Want to see a break out of this descending triangle to the upside I'm long $110 calls
Down considerably from $122 highs, bulls need to step in to avoid price action breaking down to the volume profile pocket below
The unwind in Tech - slower than the ES/YM. Typical, as the NQ volatility increases and we move into EPS lower guidance and warnings (growing increasingly abundant) the Big Tuna aka AAPL remains the guarded Instrument. 157.50 Calls continue to print, in excess 1 Million, so they will game it for all its worth as the ABCs of the widely held continue to...
Hard to ignore the non stop call buying today mostly for 10/8 and 10/15 OPEX.. various strikes From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade. Entered long starter position at the close (higher risk) . An idea would be to wait for a break of...
SMH hitting a nice pivot today, most names look like they have blue sky territory like NVDA, MXL, ASML and now possibly KLIC? Sitting in the mid cap range, the market could see this semiconductor as the sweet spot given the Fed rate environment