NASDAQ:AMD AMD had a good run into the earnings season however news is that with the expected or present recession semiconductors as a subsector will fall a bit heading into the third quarter. The chart shows buy order blocks as a support are far less than sell order blocks. The MACD , a lagging indicator, shows the K/D lines crossing over the...
We consider a strong buy for Broadcom Inc, rating the company as the absolute leader in semiconductors
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 32.31 ✨ It means if you risk here 100$ you may make 3231$ Not bad, huh?
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 like the setup I am seeing for resolution to the upside for semi-conductors here. I do have one concern but I'll address that shortly. On the left is a weekly candle chart of SOXX the iShares semi-conductor ETF. The upward trendline from the covid-crash trough is firmly intact. The 100 Day EMA has proven to be key support. The index started consolidating the...
Look for an issue at 267.60 after that 270.6 then NO ISSUES TILL 283 TO 290 WAVE 5 OF 5 OF 3
Bearish rising wedge daily chart has broken down recently and back testing the trend line. Objective short entrance. Negative divergent continue to grow on both RSI and PPO.
(Opinion only)
Semiconductors reached peak bulltard due to shortages. The uptrend started back in 2013 and was barely affected by covid. At the peak it was 40% above the weekly kijun. Interesting to see what happens. The next big short or just an expected correction?
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...
Micron looks to be consolidating on the daily chart heading into earnings Tuesday after market. The POC - (point of control) could be target $80, after earnings with 8% move expected. The Oct 1st options data shows a put/call ratio at .55 . The Oct 15th $75 and $80 calls have over 28000 Open interest. Looking to go long breaking above $75
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
Top of the ascending channel.. Doesn't mean it won't overshoot but I like the probability here.. (Opinion Only)
Technical Analysis From the beginning of May, MU has been kept in a range; however: RSI has been making higher lows where price has been retreating at the same support level. OBV is confirming the uptrend in volume within the consolidation range. These two bullet points support a bullish case for MU. Trade analysis I expect MU will try to test the...
The chart shows a descending triangle, with a breakout. The breakout yesterday and today, have been on strong intraday volume. A measured move can be made by adding the height from the double bottom (purple circles), to the area of the breakout. Using the green arrows to represent the potential move, which takes us to $152 approximately. Which is coincident...
Copper has a strong uptrend with a stair-step behavior. With pent-up demand for semi-conductors, copper mining has been increasing to help suppliers. For in depth analysis, please check my last charts on CPER.