Good morning everyone,
The sellers are taking over control and for the time being RMBS is looking good for a short. I am currently still waiting to get filled on a good limit order. The spread between bid and ask was a bit wide on the option chain so ill be going for a mid price. Hopefully Ill get filled, and if not, we wait for the next opportunity. End of...
Fundamental Analysis
Wells Fargo cast a favorable light on Rambus (NASDAQ: NASDAQ:RMBS ), following encouraging developments from Micron Technology (NASDAQ: NASDAQ:MU ). As a result, Rambus shares surged more than 6% intra-day today.
The focus was on NASDAQ:RMBS 's potential gains from MU's shift to high-volume DDR5 server DIMM shipments and a projected rise...
Rambus Inc. (RMBS:NASDAQ), a leading semiconductor company specializing in DDR memory interface chips, is strategically positioning itself to capitalize on the escalating demand for data-center memory performance. This surge is primarily propelled by the widespread adoption of artificial intelligence (AI) and advanced workloads.
Key Highlights:
Strategic...
Price Momentum
RMBS is trading in the middle of its 52-week range and below its 200-day simple moving average. The stock still appears to have some downward momentum which will subsequently precede with an upward trend
Price change
The price of RMBS shares has increased $3.38 since the market last closed. This is a 7.01% rise.
Should You Invest in RMBS?
In...
Rambus currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.00 indicates Strong Buy.
While the ABR calls for buying Rambus, it may not be wise to make an investment decision solely based on...
Uptrend reversed after one large double top and two small double tops. RMBS is forming a small double top and holding support of 200 EMA. If the price falls below 48.5, it may go all the way down to 44, which is a strong support level. By this time RSI would also be in oversold category. RMBS may then start is next uptrend.
Entry: with price above 68.54
Volume: with volume greater than 1.7M
Target: 83.17 area
Stop: Depending on your risk tolerance; Based on an entry of 68.55, 63.68 gets you 3/1 Reward to Risk Ratio.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while...
Entry: when price clears 68.55
Volume: with daily volume greater than 1.7M
Target: 86 area
Stop: Depending on your risk tolerance; 62.72 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take...
Powerful up channel on RMBS
I have plotted some possibilities in green on chart
I make these bullish assumptions as price has broken out of the channel top, which was previously seen as a resistance line
Very bullish
RMBS broke out of a cup base 4 weeks ago and now has 3 tight weekly closes and a flag. The weekly chart shows very nice accumulation, and I would consider this for a swing trade if it can push above the trendline since this is very extended from the 10 week and 50 day moving averages.
$RMBS semiconductor name should be on our watchlist.
Not something I would buy right now but this could set something in the next few days. Looks much better than many in the same space.
I've posted about $RMBS multiple time in recent weeks.
Was showing clear leadership treats through out the market weakness.
That drop on the 14th and come back on the 15th was something.
Watching patiently for a possible pullback setup from here.
Massive breakout volume.
$RMBS great RS, Great EPS and Sales. Lots to like and setting up.
To be picky, I don't like how the right side of the base built up (2nd chart red arrow up). the base construction feels incomplete but that could be a reflection of volatile market we've been in. Might just go here
Top at 200. Will go above slightly to bait in longs but the cycle top is 200.
I cannot believe people are in markets that go 8x in 9 years at best...
But more like 8x in 35 years.
Its the most boring take your money to the grave thing I have ever ... nevermind.
Good luck.
$RMBS bounced off its 200MA, confluence with its 2 yr trend channel support. one of the most traded name in my 2021. still on the sideline for this as ER on 7/2, but i like to re-visit my past multiple winners like $JYNT and $TSLA
