- Relative weakness to the Semi Conductor Index and the Q's - Downward revision estimates for the next several quarters - No clear plan for margin improvements - StochRSI sell signal on daily - Volume profile bearish - Price below the 50MA and 100MA, is a death cross coming? Keep in mind the chip shortage could be beneficial to STM , allowing for greater price...
Oversold strength levels; down 22% from highs; lowered guidance overblown; buy/sell s/r buy 33.04, take profit 36.65 stop loss 31.79 r/r 2.82; fundamentals show nicely priced growth stock
The PEAD projected a bullish outlook for $STM after a positive over reaction following its earnings release placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
STM: STMicroelectronics N.V. 2021-01-11 05:30:00 STMicroelectronics Announces Status of Common Share Repurchase Program
NYSE:STM [/symbol Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
Long swing through February, pick up 40c 2/21 for some profit. Good trend line, drop from lack of guidance back into the channel.
Purchased STM on the dip. Looks like its holding support around $35. I think it will find more support at $37 if it's able to come up early next week. Overall the stock has had steady growth this year like other chip manufacturers in the industry. It also just partnered with Microsoft which leads me to think it will quickly recover from the Carbon Neutral news shock.
Potential entry above $31.50 Fibonacci target $33.50 Stop loss $30.50
The stock has a nice trendline support. Recently it bounced off the support and the 50 EMA, and getting higher volume. A good low-risk buying opportunity. Best of luck to all!
Earnings in October STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products in EMEA, the Americas, and the Asia Pacific. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The Automotive and Discrete Group segment offers...
STM Retest of Breakout After ER Pullback - Long Simple as it gets. SMH moving with QQQ, STM posted a good quarter and was faded. Long this retest of previous breakout.
Broke out of the wedge earlier this month, might continue momentum up until earnings!
Hey traders, STMICROELECTRONICS is in a bullish push, attempt of the aborted sellers propability to leave to find the last 2 higher. For the 3 it can break in strength but from where the large volume of purchase to execute it is not propellable! Please LIKE & FOLLOW, thank you!
ST Microelectronics - New York Shares (STM, $27.41) was one of top quarterly gainers, jumping +36.92% to $27.41 per share. Tickeron A.I.dvisor analyzed 74 stocks in the Semiconductors Industry over the last three months, and discovered that 71 of them (96.43%) charted an Uptrend while 3 of them (3.57%) trended down. Tickeron A.I.dvisor found 429 similar cases when...
STM: STMicroelectronics N.V. 2020-06-22 06:00:00 STMicroelectronics Announces Status of Common Share Repurchase Program