Welp.... say it ain't so... do what you want of course... I have this target by June 1st of this year. Refer to 22' Top.
This is a chart I created several weeks ago. I find these points of inflection fantastic for support or resistance depending on the PA of course. I've drawn these on several tickers and the outcome is almost always the same. This is just information. Do what you want with it.
SEMI currently sitting on upward trend line within established bullish channel. Previous support line at $16.30 where demand triggered another uptrend to above $17.00. RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54. Aiming to take a long position...
Analyzing the options chain of ASML Holding prior to the earnings report this week, I would consider purchasing the 760usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $20.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
Nancy and the Gang anxiously await the Senates Taxpayer handout to the Industry. Po Nancy, $107 Million simply is not enough for her and Pablo the Shark Tank Drunk. Nancy had to gobble $341K in losses on NVDA after exiting her 25K Shares in a loss due to slime lights a shinning. Bravo, add 3 zeros and it's all good. Everyone should lose a hand. Preferably, a...
Getting rejected at prior support area, now resistance. Good R:R having SL just above the trendline No entry until confirmation on smaller time-frame
SOXL tracks the performance of the thirty largest U.S. listed semiconductor companies. The semiconductor space is still hot, but the companies in the leveraged Direxion Daily Semiconductor Bull 3X Shares (SOXL) didn`t performed well against the inflation and raising interest rates recently. I think SOXL is now close to the strong support of $21, pre-pandemic...
UCTT has begun to outperform the overall semiconductor industry represented by the etf SMH. The trend has clearly been broken on the weekly chart. There has been a good amount of volume in this week so far, creating that very bullish weekly candle. Hoping we finish strong this week. Looking to create a position if it shows continuation. EV/EBITDA ratios for...
Micron sigue subiendo después de su reporte trimestral, y al los analistas arrancar el 2022 subiendo sus estimados con respecto a la accion. Les contamos como la salud técnica y fundamental están en la accion de cara hasta 2022
AMD 143 - 144 BOUNCE Rationale: Bounce off trendline on the daily chart News catalyst: AMD hosts its 2022 Product Premiere event at CES to highlight innovations and solutions featuring upcoming AMD Ryzen processors and AMD Radeon graphics.
Sometimes there is no need to get creative. Semiconductors have been hot, and $MU is one of the few that hasn't made a new high yet (although it came close, wicking into supply levels near the all time high of $96.69). The bigger picture here is that price is extended from the 21 day and closed below the 5 day last week. It seems a slight pullback is in order
FB options degenerates are back, surprise. Put Volumes dominating the Volume although O/I is split. 297.50 @ 1,357 300.00 @ 5,886 305.00 @ 1,854 310.00 @ 2,873 312.50 @ 556 315.00 @ 1,273 317.50 @ 819 320.00 @ 3,540 322.50 @ 1,210 325.00 @ 1,672 Semiconductors, Comm, Telco, Software - are being used to push to the NA to Price Objectives @ 15513 -...
After a run ahead of EPS, the 46.07 ended up another Ghost in the ALGO Machine. EPS for Intel, another Disasater after FAB MANU ASML's ugliness, Lucky for ASML the Dippers were all too anxious to Bid it back up erasing 1/2 its losses from 805. Earnings Season has added more complexity to the Mix. NQ made a run for the top of the Range @ 15513/17 - only to...
SMH hitting a nice pivot today, most names look like they have blue sky territory like NVDA, MXL, ASML and now possibly KLIC? Sitting in the mid cap range, the market could see this semiconductor as the sweet spot given the Fed rate environment
Eco Friendly Apple of Sunnyvale Spaceship has failed on its Gamma Squeeze. M2 and M1X chips... Large issue. Gamma BS will fail again. Words is leaking out Apple will see a large reduction in Sales. xoxo - Hunter Killer
200% Upside here. Large Volume on Lows. Panic reversal has setup. NQ will be the first to fail on Inflation Trade. FED told us so this week and last. Digi $'s come home to roost a bit. Hot CPI assures a D U N K in time, as CON.fidence in BTD begins to fail. Volumes at extremes, Divergences at extremes, Valuations at extremes. Correction ahead for...
SOXS SOXS SOXS China Shortages Q3 Dismal EPS SOXS SOXS SOXS
The global chip shortage is still nowhere near over, making semiconductor companies very attractive here. QCOM is my top pick of the sector as they dont only benefit from the chip shortage they also benefit greatly from the roll out of 5G. The roll out of 5G will be sped up by US investment via the infrastructure bill which allocates $65b to broadband...