ACLS trade ideas
Is ACLS a Hidden Gem in the Semiconductor Sell-Off?While the S&P 500, Dow, and Nasdaq are making or nearing all-time highs, many components of the Philadelphia Semiconductor Index (SOX) have been selling off for months. Historically, these levels have been great buying opportunities, but I can’t help wondering if there are issues we don’t know about yet that are already priced in.
I went shopping today and picked up some semiconductor stocks that have been beaten down. First on the list is ACLS. It’s down over 60% from its all-time high of $200 a share back in July 2023 and more than 50% off its 52-week high of $157 set back this July.
What’s interesting here is that this company has a consistent track record of beating earnings expectations for the past 26 quarters!! and its margins have been growing steadily over the last four years. So, the question is: is the stock price signaling some issues we’re not aware of, or is this a great buying opportunity?
I am in at $77.60 small size.
Head and Shoulders correction over?Large correction over from this classic head and shoulders pattern. Now price is trying to put in a bottom, large green volume candle today suggest this could be a great stock to buy if we continue in a risk on market.
Fundamental Analysis:
1. Strong Growth in Semiconductor Equipment Demand: ACLS is well-positioned to capitalize on the increasing global demand for semiconductor manufacturing equipment, particularly in areas like power devices, driven by electric vehicles (EVs), 5G, and renewable energy. This trend supports long-term growth potential.
2. Silicon Carbide (SiC) Opportunity: Axcelis is benefiting from the rising adoption of silicon carbide (SiC) technology, which is critical for high-efficiency power electronics used in electric vehicles, industrial applications, and renewable energy. The company's Purion platform is well-suited for SiC manufacturing, positioning it as a key supplier in this rapidly growing segment.
3. Expanding Margins and Profitability: ACLS has demonstrated strong operational execution, leading to expanding profit margins. With increasing demand for its high-margin Purion ion implantation systems, particularly in niche markets like SiC, ACLS is seeing enhanced profitability, which is expected to drive earnings growth and shareholder value over time.
Add this to your portfolio watchlist, not financial advice.
Nice entry for ACLS - Demand + GP + VAL + divergencesThere is a very nice level to enter the trade on ACLS based on technical analysis on daily timeframe. I am currently waiting if it will bounce from this level or not. If it will bounce then it can be a really nice long.
You can see there some nice levels overlapping
Nice daily demand zones
Fibonacci retracement's golden pocket level
Value area low of this year
Nice divergences forming
Money flow starting to decrease
Also the fundamentals are looking very good for this company.
RiskMastery's Red Flag Stocks - ACLS EditionWelcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at NASDAQ:ACLS ...
I believe this code is at a point of potential volatility.
If price can hold below $131.29 ... Bearish potential may be unlocked.
My key downside targets include:
- $113.09 (Conservative)
- $93.95 (Medium)
- $78.27 (Aggressive)
If however price breaks above $143.82 ... Bullish potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
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Head and shoulder on the weekly chartSeveral bearish signs are visible on the weekly chart.
Let's take the Head and Shoulder pattern as our first example.
We are touching its base (52.6) for the third time and did not bounce, meanwhile, the overall market rebounds (a bit).
Second, the support-line (March 2020) broke and acts now as a resistance.
The price even touched it once, and was rejected (31 May, 64.08).
Besides, the RSI indicator is constantly decreasing and is far from oversold.
Taking this information into account, the next support could be either the S1 weekly Pivot (43.23) or the volume shelf (40.12).
However, please note that a bullish divergence is starting to play out.
Bullish divergence is when the price makes a lower low, but a higher high appears on an indicator (MACD).