SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, Ireland, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and...
leds technical analysis chart NASDAQ:LEDS Perfect swing trade here
flushing PM looking for a quick pop after open. First thing I have ever posted on trading view.
The perfect set up for a Bullish Gartley pattern, currently completing its formation. LEDS was undergoing a price correction this week, due to the overbought status from the previous week where we saw a breakout. We also saw an earnings report, which helped fuel the overall bearish sentiment and pushed us below the $15 mark. I have been watching this once...
seems like it can continue the trend, I was in this trade and scaled out at 9.5 now looking to scale back in.
SemiLEDs Corporation (NASDAQ:LEDS) The stock continues to impress and should be one to watch going forward. A break of Friday's highs could send it to $10 and better. If we get an upward break of the bullish flag on the hourly chart, we will probably see a rally that takes us to the recent highs. On the other hand, and in terms of managing risk, a price move below...
Biggest Gainer - Unusual volume - No Catalyst - Previous runner RR - 4/5 Entry req - Breach day high - Wait for support to be tested - Wait for momentum shift Establish the day high as support wait for it to hold Entry Point - Momentum shift having held day high as support DAY HIGH 13.00 - Entry around 12.50 - 13.00 looking for 10%
wave trading in here today on the 15s. plenty of volume, buyer frenzy..
Bullish Flag Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 4 250RSI above 50 200MA ascending Target: PT = 11.84$ Thank you to those who donate Coins! Stay Humble, have fun, make money!
Contextual immersion trading strategy idea. SemiLEDs Corporation develops, manufactures, and sells light-emitting diode (LED) chips, LED components, and LED modules and systems. The demand for shares of the company looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position from...
I've had LEDS for a while now and have been trading from 3s to the 5 mark. It'll be really interesting how it behaves at 2.92 level. If it drops further to 2.5s, then the repeat pattern will be intact, if not, it could climb back up to the 5 level in July. I'll be buying the dips and lowering my average with currently in at 2.8.
Not financial advise. I'm just some guy on the internet. Basis for recommendation: Technical Analysis only. What is LEDS? Some Asian tech company. What do they do? Tech stuff. Okay, fine, semiconductors. Is it a buy? The charts indicate we are entering a price reversal ZONE. So far, just the tip and ONLY the tip! Be aware share price could decline a...
LEDS is an extremely low float (0.85 mil) pump and dump stock. This has been trading under low volume and holding a somewhat steady trend. The uptrend and downtrend are converging forming a wedge. For a short term trade, the break of 4.00 should be an easy run to 4.25 range (if it happens with the next few days). 4.35 is where the current down trend resistance....
This looks like a great set up for a swing trade. All the moving averages are below the current price and this could see a nice spike in the near future. My stop will be 3.74.
15M chart is right on the lines, Daily charts looks like someone is consolidating alot of shares, keep an eye on this one