Stage II uptrend, strong price and volume action
Stage II uptrend, strong group Good fundamentals New high
Breakout to upside potential with expected trend progression and time decay to highs
$ICHR just made new 52-week highs after guiding higher. Ichor (NASDAQ:ICHR) announced Q4 revenue of $189M (+22% Q/Q) versus the $184.9M consensus. The company expects positive cash flow from operations, with $61M in cash at the end of the year and $181M in total debt. For Q1, Ichor sees total sales of $210-230M, above the $181.9M consensus. Ichor will report...
Back in September of 2017 ICHR formed a pattern that seems to be mimicked by the one forming in the last month of so. As you can see in the video, the pattern is noted by key points that have matching characteristics, including MACD crosses to confirm uptrends and almost mirror-image movements in similar time frames. The first pattern back in 2017 resulted in a...
Drawings on the chart. This stock trades on nice fibonacci ration boundaries on up/down directions. No home work done on either sector or company fundamentals. Do your deligence.
Attempting this vid to see if this works.
ICHR establishing a trading range following the market correction - undervalued by almost 40%
ICHR: ichor 2018-02-15 16:05:02 Detected possible stock repurchase
This stock has retraced unwarranted hype after contract winner news. Bounced after testing key S/R, now looking for continued slow run up into earnings.
$ICHR and many others in the $SMH field were heavily sold this morning, but most have bounced back to stay near highs. Based on the alert indicator( orange triangles), a large portion of these stocks $UCTT, $ICHR, $AMAT, etc. need time to consolidate the most recent run.
Possible continuation of the movement of fall until the support in the 17 dollars.