This is the second stock idea related to semiconductor. Inari has been forming an ascending triangle chart pattern. Now will be interesting to see if 3.75 resistance can be broken. There's a support at 3.36 and the uptrend line which coincides with the MA50 line. This is worth waiting for if it does not violate the support.
If you are looking for a 5G play QCOM is a stock you should consider.This fairly valued company trading at just under 20 PE and a 2% dividend is set to grow its business exponentially due to the roll out of 5G. QCOM is well positioned for the roll out of 5G as they manufacture the leading 5G chip called the snapdragon. Also, the infrastructure bill is a looming...
The algorithmic advisor Market Miracle produced yesterday for the title $TSM Taiwan Semiconductor Manufacturing a signal entry to market LONG at a price of 117.12 USD with a target price of 123.55 USD for a potential profit of 5.50 The company is, according to some analysis sites that I use for reference, in excellent health and slightly below its fair price and...
QCOM Current Price $131.40 Price Target $165 Qualcomm is set to take a significant chunk of the 5G chip market that was dominated in the past by Huawei which is currently banned in the US & UK. 19x PE (FWD) & a 2% dividend is very attractive given the growth potential QCOM has. Recently the whole Chip sector has pulled back amid a shortage that will boost the...
QCOM - Current Price $130.48 Price Target $165 Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip...
INTC has tested the yellow support line at $64 and is coming up now to test the black resistance line. Could see some big moves out of INTC TM and going into the next trading week.
Approaching upper band of channel once more. May break this time, may not - here's my targets if it does. Target 1 - $545 Target 2 - $552 Target 3 - $563 Invalidates bull bias under $528.50 Like & follow if you want more of these :)
AMD breakout ongoing... eventual a good time to enter - new goal ahead
Look for this to make a move soon. Still time to get in. I am already in at a CB of around $79. May add more. Target $95-$100.
Breaking down AMD in this video to see were we might head! Im off to take a nap!
Insane what we saw for a rally since March 2020. Especially the TechSector and Semiconductors reach now a level which is crazy and not healthy. If you now invest in the broader market you hope that you´r not the last one who bought into the rallye. It´s time for a correction, so new money can flow into the market. Watch out and take care of your Risk and Money...
NASDAQ:MU Per the chart patterns, I see MU making a corrective move this week to fill the gap it left behind at the 48.30 level. Look for a bounce off of that PT. Follow for ongoing analysis.
Intel is making a bearish wedge once broken it will be heading for its longtime support/buy zone. I will be waiting right there to go long. Technical analysis are a wonderful thing. It tells you where and when. This is just an opinion. Do your own homework before buying or selling any financial asset.
$MXL is a candidate for a new uptrend. there are good news coming for this company. watch for a breakout of $28.70 12 months Consensus Price Target: $26.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Entry. $57.08 S/L $54.25 TP $63 12 months Consensus Price Target: $51.97 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx