INPX - IoTINPX the IoT company, hourly chart.
The closing of the offering is expected to occur on or about February 18, 2021 subject to the satisfaction of customary closing conditions.
finance.yahoo.com
After closing the offering it could jump nice.
Offering price: 2.01$
Support: 1.69$ (volume pad)
Resistance: 2.15$ (Pivot Point)
PT1: 4$ (R3)
5g
American Tower: Old Resistance, New Support?American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector.
It’s been in a long-term uptrend thanks to the spread of wireless communications, having doubled between early 2017 and early 2019. It hit new all-time highs last summer, pulled back for half a year and now may be showing signs of a turn.
The first important pattern is the 50-day simple moving average (SMA). Notice how it held prices in check in September and November. However AMT is now trying to bounce at the same line. Is old resistance becoming new support?
Next, stochastics are oversold on the daily chart. A rebound here could help validate the 50-day SMA as support.
Third, MACD is now rising on the weekly chart. Similar crosses also signaled longer-term pivots in early 2017 and mid-2018.
Overall, AMT has struggled along with other REITS as interest rates increased. However, its business still stands to benefit from the spread of 5G networking. Is now the time for investors to revisit the longer-term growth story?
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MRVL ER run up MRVL Technology is a semi conductor company that has been lagging behind this week with other semis like NVDA having nice rallies. Great company with continued growth in the 5g and cloud computing segment. Looking at this for a potential swing with ER approaching early March. In a nice uptrend since the pandemic hit and currently in a 2-3 week downtrend channel to complete a nice bull flag. Watching for a breakout of the downtrend with a significant increase in volume for a confirmed reversal. Looking for a break and hold above 51.60 for an overall move up to retest ATH at 55.80. Over that I'm looking at a push to my wave 5 target at 62.
Ways to Play this
1. Buy Shares and hold long term - low risk low reward
2. Load on the dip before the rip (load zone: 48-51), scale in with option contracts w/ couple month out expiration
3. Wait for the breakout (confirmed reversal) of 51.60 to load up couple month out contracts
Options to consider
55C 3/19 1.84 (low risk: medium reward)
50C 2/19 1.66 (medium risk: high reward)
51C 2/19 1.15 (medium risk: high reward)
55C 2/19 .23 (Lotto)
QCOM - Brush it off and get up that hill soldier!We are emerging nicely from the selloff. We have a Positive Squeeze happening with bullish candles. After all the selloff was overdone. With a low PE ratio of 24.93 and and a nice EPS we are at a good spot over the next week or so to move higher. Also the volume increase into the close was very nice. This is why I rarely hold stocks into earnings :) GL!
$NOK Return of the Former King In Nokia for the long term. I'm a sucker for chart like this, especially when they stay at the bottom of the screen for so long, when it breaks out the rally is always epic.
With Huawei facing global pushbacks, Nokia is ready to make a big comeback with its own 5G technology.
Skyworks killed it on earning skyworks killed the earning!!
played an option call that expired after earning and sold at the highs of 20+ dollars the day after earnings
the made 20-30 dollars per iphone 12 sold so when apple said they killed the iphone 12 sales i figured skyworks would make a killing from the apple revenu alone anddddd
they printed money baby :)
sold at 4X return :))))
TMUS Earnings PlayTMUS has been trading in incrementally higher ranges and breaking out to new highs on earnings these last couple quarters.
I believe this will likely happen again given that TMUS has a trailing four-quarter positive earnings surprise of 152.9% on average and will likely be bolstered by their 5G deployments and customer additions.
In terms of valuation, the P/E and P/S ratios are relatively unchanged from last quarter, indicating that a beat may not already be priced in.
Nokia NOK first-ever trial run of 4G & 5G fixed wireless accessNokia Corporation NOK recently announced that it has teamed up with Mobily, a Saudi Arabia-based telco, in a concerted effort to conduct the first-ever trial run of 4G and 5G fixed wireless access (FWA) network slicing over the live commercial network of the latter. Notably, the Finnish telco is the first vendor to unveil this technology. As part of the collaboration, Mobily has capitalized on Nokia’s AirScale 4G/5G base stations along with its NetAct solution, which is a field proven network management system that supports network elements in Wi-Fi, telco cloud, public safety along with mobile radio and core. (Source: zacks.com)
Please leave me a message if you want to test the buy and sell indicators that i am using.
A new SPAC, great potential, risk vs rewardAll SPAC IPO's have seen great gains before they even merge. This one is a company that was founded in 2004 in silicon valley. It supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits for use in 5G equipments and cloud computing. Among its competitors are Intel Corp. and Xilinx Inc.
It is a great play and the consolidation is almost over as you can see the declining volume. You may enter with a small position and keep an eye on it. There is no guarantee will touch support but if it does you can increase your position there. The upside if patient will pay off.
I am not a financial adviser and this is not an advise to buy.
Disclosure: The writer has a position open in the company.
INSG Inseego is setting up for the next run.. paying attention?Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon.
Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a breakout to the upside slowly creep and before anyone realizes this stock is likely to retest it's all-time highs again.
I'm bullish on 5G, so I love names like Inseego which are actually deploying hardware in the market and making headlines around strong performance.
What's your thought? Is my 5G bull bias blinding me or is the chart showing us what I'm seeing?
Qualcomm (QCOM): A Fundamental and Technical AnalysisIn this post, I’ll be providing my own analysis on Qualcomm (QCOM), shedding light on the fundamental and technical aspect of the stock.
What is Qualcomm?
Qualcomm (QCOM) is short for ‘Quality Communications’.
The American company was established by a communications engineer, Irwin Jacobs.
It’s a company that focuses on semiconductors, software, and wireless technology services.
Business Model
- Qualcomm is divided into two main businesses: QCT, and QTL
QCT
- QCT (Qualcomm CDMA Technologies) develops and supplies integrated circuits and system software
- Specifically, it develops and supplies systems and software used in mobile devices, wireless internet, communications devices, internet of things, and semiconductors used for vehicle infotainments.
- The smartphone AP is a core device that controls the OS, CPU, memory, audio, and the camera
- Qualcomm currently covers 50% of the market share for mobile device APs, and dominates 88% of the 5g Smartphone AP market.
- They are way ahead of their counterparts in both market share and technology.
- Qualcomm also offers a cloud service for vehicles, allowing wireless updates to take place
- They have also developed an autonomous driving solution chip called Snapdragon Driving.
- We will see cars that use this chip in 2023
- The RF Solution, a wireless network that allows signals to be identified without confusion, is also increasing in demand
- QCT covers 75% of the company’s revenue.
QTL
- QTL (Qualcomm Technology Licensing) grants licenses and rights to use intellectual property to others.
- Qualcomm possesses patents on CDMA, LTE, 5g, video and audio codec, WIFI, GPS, NFC and Bluetooth.
- QTL covers 23% of the company’s revenue
Financials
- Despite the numbers not being anything extraordinary, Qualcomm has reported a consistent increase in yoy revenue
- Especially in the case of Q3 2020, we have seen revenue and earnings skyrocket.
- The firm’s Q1 earnings was $468m, $845m in Q2, and $2.96b in Q3
- Along with this, their EPS has also skyrocketed, and analysts estimate a an EPS of $2.07 for Q4
- Qualcomm has not been profitable for the past few years due to their heavy investment in research and development
- While a lot was invested in R&D, the commercialization of proprietary 5g technology could bring immense profits to the company in the near future
Technical Analysis
- The daily chart shows a clear uptrend, with prices creating higher lows and higher highs
- Prices are trading within an ascending parallel channel, having been rejected by the top trend line resistance
- There are two major gap supports at $100, and $140
- The Moving Average Convergence Divergence (MACD) demonstrates diminishing bullish momentum, with decreasing histograms
- Nevertheless, as prices trade above the Ichimoku cloud and the 60 Simple Moving Average (SMA), the overall trend is very bullish
Summary
In conclusion, Qualcomm is a company that has a proven, solid business model. Their heavy investment in research and development is finally seeing light as the company turns increasingly profitable. Technical analysis also demonstrates immense bullish momentum behind the stock’s price.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
Is Micron Finally Ready to Move?On Tuesday, we cited the pullback in the Philadelphia Semiconductor Index. Today, we’re looking at a member stock that’s been dead in the water all year: Micron Technologies.
Worries about the Covid recession have dragged on the memory-chip maker, despite strong results. Analysts at Deutsche Bank and Citi also think pricing will improve over the winter.
MU’s chart has some potential positives for the bulls. First is the falling trendline between the February and July highs. It broke that line three weeks ago and is now revisiting it as support. (Similar to the iShares Trust China Large-Cap ETF pattern on Monday.)
Second, MU’s 50-day simple moving average (SMA) just rose above its 200-day SMA: a “golden cross.”
There are also potential fundamental tailwinds given the strong industrial data this week from the U.S. and China, plus the upcoming iPhone 12 ramp. Traders may want to keep an eye on MU for a potential breakout.
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T (AT&T) LONG SET UPTITLE : BUY T AT&T
ASSETS : STOCK
SYMBOL : T
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Week
ENTRY PRICE 1: $27.00
ENTRY PRICE 2: $$24.50
STOP LOSS : $22.00 (50 PIPS)
TAKE PROFIT 1- $32.00 (50PIPs)
TAKE PROFIT 2- $37.00 (100PIPs)
TAKE PROFIT 3-$$42.00 (150 PIPs)
STATUS : active
II-VI Fails Support Line of Trend: Outlier or meaningful?IIVI was cited as a LONG with a strong upward trend in its trading channel, but it has since failed the support line of that channel.
For this trader at least, that represented a partial-exit from the position.
That is not advice, but the decision was made to shorten my position on II-VI even as it has only descended a still-significant 1.59% on the trading day (MON).
If II-VI returns to the channel within a trading day or two, this could just be an outlier and not statistically significant: The relation would be to the overall downward trend of the S&P 500 itself, which suffered a miserable Monday and is showing some signs of further weakening, even.
This is not just to sound some doom alarm, but the overall buyer confidence throughout most market sectors is low, even with IIVI playing a massive role in Apple's 5g networks. The strength of this stock longer-term could still be immense, but it just failed the support line.
Happy trading.
-BDR
Post Note: 3 links to previous Ideas Re: II-VI present here.