Above $10 in $AMKR and we should see a quick move to $10.50 to $11.50 a share.
Above all-time highs of $12.50 and the sky is the limit.
$AMKR President bought almost $1m worth of stock in last 12 months.
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey...
Entry level $10.20
Target price $12
Stop loss $9.64
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services. The company was founded in 1986 and is headquartered in Tempe, AZ.
Company Info :
Amkor Technology, Inc. is a provider of outsourced semiconductor packaging and test services. Founded 1986
This is a daily demand nested zone in a monthly demand zone, price has rallied .
This is a long wait trade. will be need to be patient as the zone is way low
a good setup
On the weekly, this is a slight descending wedge; on the daily, it is more slanted of a wedge; these are both actually good signs that we probably through the worst of the downtrend
It is close to the bounce or fail area though; so i personally expect this to bounce of the blue line (weekly charts support); if it goes below that, then the bottom red line should...
Short setup on the daily if breaks the trend line, I would look at a lower time frame (1Hour) for a flag for a better risk: reward entry,
Overall AMKOR is in a 5 wave corrective structure which should follow with another impulse in the near future, I will update the chart setups as we go along with the trade.
After two unsuccessful attempts to surpass the old high at approx. $12.50, initially, a stronger sell-off until under the 200 SMA took place. After a further recovery, the next sell-off immediately took place with considerably higher volume, whereby even the lows from slightly further back were also significantly undercut. This was, at the same time, also...
Amkor-Technology-is a provider of outsourced semiconductor packaging and test services. Their packaging and test services are designed to meet application and chip specific requirements, including the type of interconnect technology; size, thickness and electrical, and mechanical and thermal performance. It provides packaging and test services.
First pullback to the 50 and 200 sma. and price holding within the fib zone. Stoch and Osc looking ok.
Will enter if price can consolidate some more below the regression trendline and the falling 20ma, before breaking out.
As always looking at hourly chart for entry.