Under "chips shortage" narrative some might run WWISA, 
MRAM, MMOSY, $QUICK, 
AOSL
Needless to post about
NVDA, 
AMD, 
HIMX et al, as I am sure that you are already aware about them.Stocks in this post are less known and if a big wave begin some funds might chase them too
AOSL might have run already but if closes above mother candle, shorts will be forced to cover. Last session's volume was massive and show a breakaway gap on the daily chart.
WWISA shows an Ascending Base. Be careful if pullbacks into demand zones (blue rectangles) to form the handle of the possible C&H pattern
MRAM is pushing to break above the upper wedge line which is also a possible handle to year old cup with PO at $16.50 area
MMOSY shows that is about to break above the NL of the Round Bottom towards a possible PO of $10.
$QUICK just closed above the NL of a C&H with PO at $8+ area
Not an expert in anyway in technology or semis, but sometimes markets love narratives especially when they are near extremes, as they are now. EV's maybe hit today. Take care as markets are in very pivotal moment and might flip on a dime even today.
Trade them well:-)
Cheers
P.
MRAM, MMOSY, $QUICK, AOSLNeedless to post about
NVDA, AMD, HIMX et al, as I am sure that you are already aware about them.Stocks in this post are less known and if a big wave begin some funds might chase them tooAOSL might have run already but if closes above mother candle, shorts will be forced to cover. Last session's volume was massive and show a breakaway gap on the daily chart.WWISA shows an Ascending Base. Be careful if pullbacks into demand zones (blue rectangles) to form the handle of the possible C&H pattern
MRAM is pushing to break above the upper wedge line which is also a possible handle to year old cup with PO at $16.50 areaMMOSY shows that is about to break above the NL of the Round Bottom towards a possible PO of $10.
$QUICK just closed above the NL of a C&H with PO at $8+ area
Not an expert in anyway in technology or semis, but sometimes markets love narratives especially when they are near extremes, as they are now. EV's maybe hit today. Take care as markets are in very pivotal moment and might flip on a dime even today.
Trade them well:-)
Cheers
P.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.