Inari to the moon?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.
Chipmakers
QCOM in Ascending Triangle $180 PT 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 catalyst as it would allocate over 7b to the roll out of 5G. Given QCOM is trading in an ascending triangle I believe we will break to the upside as 72% of the time in this pattern there is a break to the upside. My price target is $180 for QCOM.
$TSM Taiwan Semiconductor Manufacturing C. will grow again ?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 with estimates of future growth consistent with the past but double-digit.
This aroused interest in me in the title and I went to analyze the graphical situation if it was compatible with the received signal.
The market sentiment on the stock is set to rise ( bottom panel ) so this will probably facilitate the climb.
From Miracle Viewer that it analyzes the flows of the great investor turns out that the interests of the corporations are returning that are increasing the purchases on $TSM
The title has recently formed a minimum double and seems to want to go back after the recent retracement, from what I see on the chart seems to have much more room for growth than that indicated by the signal so I extended a little more graphics analysis.
I expect a movement like the one described and then maybe take a break and continue the climb but we will see this later maybe in conjunction with a new input signal.
From previous ideas that relate to this I realize that it is a particularly favorable period for the sector of microchips, in fact even intel and amd seem to want to grow.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
QCOM Finding Support @ $130 levelQCOM
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 sector for at least the next two years. This pull back is a buying opportunity for QCOM as nothing has changed for the company besides reporting a good quarter that beat expectations.
QCOM - $165 PRICE TARGET 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 improved graphics rendering and improved artificial intelligence capabilities for things like facial and image recognition. Their 5G chip couldn’t come at a better time as tensions between the rest of the world and china continue, companies outside of China have started to avoid buying from Huawei. Back in 2019 Trump banned Huawei products in the US, and in July of 2020 the UK banned Huawei and their 5G chips and even said the companies existing equipment in the country will be removed by 2027. This is the perfect time to buy a trusted US chip maker that has a unique ability to steal significant market share in the 5G chip market. Great Value @ under 20x PE, 1.9% dividend!
SOX - Semiconductors might correct soonInsane 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 Management.
INTC-Intel waiting for a long entryIntel 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.
Maxlinear $MXL$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
AMD; Stacking Chips and Buying Rips✨ We provide charts every day ✨
Like and Follow to help us grow family! 🎉
---
Yo fam, happy Sunday! Our Momentum Mover strategy has slayed it on AMD over time. We got a long exit signal back in March ensuring we locked in gains. The next step is to find a long entry to join back into this epic run.
---
STRATEGY USED:
Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
---
1. Fractal Trend is showing an uptrend (Green background color) for AMD on the daily chart.
2. Breakaway Scalper is showing a neutral Grey bar color.
2. With this strategy we enter long ONLY when Fractal Trend shows a Green background and Breakaway Scalper shows a Green bar color.
3. We are first and foremost looking for a re-test of S1 or R1.
4. If we head lower, we will be looking for a reaction off of S2.
5. Regardless of what happens, we will only enter long if Fractal Trend AND Breakaway Scalper both give us a long signal. Otherwise we will preserve capital by remaining neutral.
6. We would only consider a short position if Fractal Trend AND Breakaway Scalper both signal a short by both showing Red respectively. The trend would have to change significantly for this, so for the moment the plan only includes looking for long entires on AMD.