$FIT has been accumulating since 2017. $7.09 is a critical resistance. 12 months Consensus Price Target: $6.76 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
We were analyzing this one about a month ago with signs of it Squeezing under the most recent horizontal high as it ranged sideways towards long term support. Major explosive bull movement breached the high and now is proceeding to play the top range of the massive rising wedge on a 3day chart. I'm mainly interested in playing the breakouts of the major s&r...
Chinese stocks have been surging this year as investors embrace the country’s flourishing digital economy. However, one of its most established names hasn’t broken out yet: Baidu – “the Google of China.” BIDU entered the current environment in a weak place after years of revamping its search and advertising business. However it’s reported strong results in the...
We have been steadily buying AMD for weeks as block after block of dark pool buy money pours in! Recent dark pool blocks imgur.com They have been buying hand over fist. Given the initial Head and Shoulders bottom from March, the near term target would be the 161.8% target from that structure's extension. Please like this post 👍🏻 and give me a follow! PM for...
We have seen the test of the 20sma, being bought back with strong volume. Volume has been decreasing daily for the past 10 days. Today's sell-off is on the lowest volume yet (we are a couple hours away from the close though). Risk-reward-ratio makes sense placing a stop-loss below $252.
NASDAQ:TSLA It seems pretty clear based on valuation standards that many tech companies are significantly overbought. Over the past two weeks there has been significant capital outflow from the technology sector while there has simultaneously been large capital inflow into commodity markets, especially oil and natural gas. Head and shoulders pattern forming on...
IBM has been making this triangle chart pattern since 1997 and will forced to a decision point one way or the other by 2026. For some investment strategies, you have to perceive time like a tree. :) IBM's earnings and sales have been shrinking for many years-- EPS at a rate around 2.5% per year, and SPS at a rate around 0.25% per year. That makes this essentially...
All description on the chart. Please, don't forget to like and follow. Thank you.
All description on the chart. Please, don't forget to like and follow. Thank you.
easy play based on solid consistent rev growth on a hot sector
$MXL is a candidate for a new uptrend. there are good news coming for this company. watch for a breakout of $28.70 12 months Consensus Price Target: $26.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
The positive upbeat news coming for chip makers and $XLNX is one of the one worth to watch for a new uptrend. $113.36 is a buy point but if you want to take a risk you may get it above $103.74 12 months Consensus Price Target: $99.24 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own...
$AUDC had a lot of buyers and worth to watch for a breakout. 12 months Consensus Price Target: $36.67 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$ZEN is hitting the pivot to breakout. needs to hold above to get in. watch out for a breakout. 12 months Consensus Price Target: $94.10 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
FA: Global supply chain issues have made the logistics of semi-conductors even more complicated; thus we can expect rising costs and lower profits The Tech cold war between USA and China if led to Chinese retaliation may lead to US semi-conductor companies being hit hard the most as China contributes to 60% of the market demand of semiconductors Skyworks...
I saw a couple articles this morning suggesting that maybe TSM sold off today because forward guidance disappointed Street expectations. That's nonsense. Revenue guidance came in about 7% above expectations, and earnings guidance came in about 15% above Street expectations. This company's guidance crushed it . The stock sold off for one reason only: it is...
Intel with a bullish Fibonacci transition through the circle AMD looking to push higher through the current fib ring aswell I assume that other tech stocks like IBM and NVIDIA will follow.
Contextual immersion trading strategy idea. Cheetah Mobile Inc. operates as a mobile Internet company. The demand for shares of the company still looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $2,71; stop-loss — $2,41. Information about take-profits will be...