The stock is beating forecasts and is currently breaking through a resistance level in pre-market with active volume, oscillators in positive territory
The company reported plans to offer ordinary shares in a private offering to qualified buyers...
If today closes above $23 targets in the attached picture
Not a recommendation of course...
Don't forget an...
NASDAQ:ACMR has been in a Stage 1 Base for about 9 months now. Then It got an upgrade to Buy on July 3 and broke out above the latest area of resistance as well as over the 18 Month AVWAP. It then pullback on lower volume (textbook) and is now ready to retest that breakout area once more. I will be looking to go long on this with an entry set-up on a lower...
It seems it is bouncing perfectly from the .618Fib which coincidently matches the lower bollinger band right on the 200EMA. I mean, you have your confirmations right there, the only thing stopping it is volume from the resistance level at 91. Will it moon if it breaks that?... um doubt it since there's another wall at 104-106, however, tis will be the second...
The intra day price range on ACMR has been getting very tight the last week and looks ready to move. ACMR had 2 similar high and tight bull flag set-ups (green lines). Sitting right above the 20 & 50 day moving averages and right beneath the 10d ma. I'd like to see it breakout above the dotted orange line to buy. GL
One of Bill Gates’s favorites is looking strong again. After forming a nice round bottoming pattern, ACMR has reclaimed the 50dma and is forming a high n’ tight bull flag after tapping up (blue highlighted). I’m LONG.
ACM Research Inc is a US-based company. It is engaged in developing, manufacturing, selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating advanced integrated circuits, or chips. The company offers...
More semiconductor confluence and fractal synchrony
Daily
2b bottom, gap and go fractal, RSI parabola
Weekly
Price action, oversold relative to red/blue ichi line, bounce off 54 m/a and cloud
Piercing line/rising sun pattern bullish; reversal
S/L 81
T/P 107/108
R/R 2
Prime to break out of bullish pennant forming
ACM Research is a cutting-edge semiconductor company. It makes a new wafer cleaning
technology that effectively removes small defects on semiconductors. Its technology is
becoming a must-have in today’s digital world.
You see, semiconductors no longer just go into computers. They’re now in everything.
According to IHS...
See information on the company below
This stock broke out on the Weekly time frame, so it is a confirmed long (I went long on Thursday before the 3 day weekend and will add on weakness in the coming days). Stocks that breakout just before a three day weekend says a lot about the hands holding them.
Every breakout (BO) generated staggering performance from the...
