Swinging up in a channelBreaking upwards from the bottom of a channel pattern. Purchasing the December 27th options with a strike price of $22 and price of $.45 Looking for a price of ~25 at at expiration. This could also break out above the 25.88 resistance. Longby dzygadloUpdated 3
Long trade ahead?I've placed a buy stop above the last trading day's high. Bullish factors for this are: After reaching the low on the 5th August, the price has formed a nice upward trend consisting of higher highs and higher lows. We are now about to form the next higher low (this will be confirmed by a break of the last day's daily high). The 30- and 50-day SMA are about to align bullishly. Longby p49171
Long ACMR with 20Ma supportACMR low volume pullback to retest 20MA, entry at this level with tight stoploss, target at 36+Longby ChartingWoofUpdated 0
ACMR in a positive direction...The stock is beating forecasts and is currently breaking through a resistance level in pre-market with active volume, oscillators in positive territory The company reported plans to offer ordinary shares in a private offering to qualified buyers... If today closes above $23 targets in the attached picture Not a recommendation of course... Don't forget an important rule... the only way to trade the stock market... look at my signature below Otherwise it won't work... Keep in mind that I always update my analysis and stop losses but don't always post it NASDAQ:ACMR Longby maor_yehUpdated 5
$ACMR On Breakout WatchlistNASDAQ:ACMR has been in a Stage 1 Base for about 9 months now. Then It got an upgrade to Buy on July 3 and broke out above the latest area of resistance as well as over the 18 Month AVWAP. It then pullback on lower volume (textbook) and is now ready to retest that breakout area once more. I will be looking to go long on this with an entry set-up on a lower timeframe (I use a 5 min and look for a MACD cross on a 6 / 20 period setting). My stop, if the trade triggers will be very tight no more than 2% of the trade, tighter if I can. Ideas, not investing / trading advice. Constructive comments always welcome. Thanks for looking. July 3, 2023, ACM Research's NASDAQ:ACMR shares rose past 11% in recent Monday trading after Jefferies upgraded the stock to buy from underperform and raised its price target to $23.40 from $9. Trading volume stood at about 1.3 million shares against a daily average of 571,000 shares. Longby jaxdogUpdated 0
Research Receives Purchase Contract for Ultra ECP ap High-Speed ACMR: ACM Research, Inc. 2022-05-06 04:50:00 ACM Research Receives Purchase Contract for Ultra ECP ap High-Speed Plating SystemsLongby MarketMoversReport0
Bullish on ACMRIt seems it is bouncing perfectly from the .618Fib which coincidently matches the lower bollinger band right on the 200EMA. I mean, you have your confirmations right there, the only thing stopping it is volume from the resistance level at 91. Will it moon if it breaks that?... um doubt it since there's another wall at 104-106, however, tis will be the second attempt in a while to break it and the volume seems to be picking up!Longby BizzyGainz0
$ACMR coiled tightThe intra day price range on ACMR has been getting very tight the last week and looks ready to move. ACMR had 2 similar high and tight bull flag set-ups (green lines). Sitting right above the 20 & 50 day moving averages and right beneath the 10d ma. I'd like to see it breakout above the dotted orange line to buy. GLby slothbox0
$ACMR technical strengthOne of Bill Gates’s favorites is looking strong again. After forming a nice round bottoming pattern, ACMR has reclaimed the 50dma and is forming a high n’ tight bull flag after tapping up (blue highlighted). I’m LONG.by slothbox0
ACM RESEARCH INC 🧙ACM Research Inc is a US-based company. It is engaged in developing, manufacturing, selling single-wafer wet cleaning equipment, which is used by semiconductor manufacturers in numerous manufacturing steps to remove particles, contaminants, and other random defects to improve product yield, in fabricating advanced integrated circuits, or chips. The company offers space alternated phase shift which employs alternating phases of megasonic waves to deliver megasonic energy to flat and patterned wafer surfaces on a microscopic level; and Timely Energized Bubble Oscillation technology which provides effective, damage-free cleaning for both conventional two and three-dimensional patterned wafers at advanced process nodes. It markets and sells, lines of equipment under the brand name Ultra C. If you want not to miss ideas like this one,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!Longby yura_trades0
Long ACMRMore semiconductor confluence and fractal synchrony Daily 2b bottom, gap and go fractal, RSI parabola Weekly Price action, oversold relative to red/blue ichi line, bounce off 54 m/a and cloud Piercing line/rising sun pattern bullish; reversal S/L 81 T/P 107/108 R/R 2 Longby beingalchemical0
ACMR - Bullish Pennant Forming - Prime to BreakoutPrime to break out of bullish pennant forming ACM Research is a cutting-edge semiconductor company. It makes a new wafer cleaning technology that effectively removes small defects on semiconductors. Its technology is becoming a must-have in today’s digital world. You see, semiconductors no longer just go into computers. They’re now in everything. According to IHS Markit, the number of Internet of Things (IoT) devices will grow from 27 billion worldwide in 2017 to 73 billion by 2025! To meet this explosive demand, semiconductors are getting smaller and smaller. In fact, the number of transistors on a chip has increased 50-fold since 2005. As a result, the tiniest defect on a chip can ruin its effectiveness. And old solutions simply aren’t good enough to treat these defects. That’s where ACM Research comes in… ACMR is a true innovator. Its proprietary Smart Megasonix technology can address defects on small chips better that conventional processes ever can. The company holds over 140 patents worldwide.Longby TheTraderAndyUpdated 113
ACMRI fixed profits and cashed out. Looks like an ending diagonal. Also, earnings are coming. Too risky for me to keep a position on this stock.by nomad-uaUpdated 7
LongWave 4 finished as a triangle. It brakes up and corrects back. It seems we go up. Target 80$ Longby nomad-uaUpdated 332
Flags. Pennants. Uptrends. Super performers. We like that right?See information on the company below This stock broke out on the Weekly time frame, so it is a confirmed long (I went long on Thursday before the 3 day weekend and will add on weakness in the coming days). Stocks that breakout just before a three day weekend says a lot about the hands holding them. Every breakout (BO) generated staggering performance from the BO point to its new all time high, as shown here: There are several ways to formulate targets on price structures like this one: 1) Hold until the lows are breached (this is how a trade turns into an investment or a position trade, which is generally recommended for the non-active trader). Notice the previous lows were never breached in the uptrend since the company went public in 2017. The best performing stocks do not breach previous lows for a very long time. This is how the best returns are made for 99.x% of people. 2) Fib extensions... 1.618. 3) Apply a short term moving average and sell when price breaks below that average (look for one that makes sense to you). Here is an example of a 10 3DMA: This worked very well to take profit in the prior breakouts while avoiding a consolidation period. These are just a few. My plan is a combination of 1 and 3 with multiple layers of entries. The company was private from 1998 - 2017. It already did a 10x since it went public on November 2017. If you take a look at its website, you'd never guess a company like this could perform so well. www.acmrcsh.com I've attached their investor presentation here if you want to learn more: ir.acmrcsh.com Longby LanmarUpdated 9
HoldI think it may go for the next leg down until a long setup will forming. Looks very symmetrical to me.by nomad-ua3
ACM Research $ACMR#ACMResearch is ready to break out. $30.09 is critical resistance to overcome and. #RSI is about break down trendline.Longby TheBullseye4
Trade Journal: Long $ACMR - 2/11/2020ACMR is a volatile and speculative stock that has been in a tight consolidation for the last month. Yesterday, ACMR looked like it was taking off and I missed the entry, however today ACMR reversed but bounced off the previous breakout area. Since ACMR retested the breakout area, I went long this retracement. Entry - 39.49 Stop Loss - 36.95 Target - 50.00 In hindsight, my risk should have been smaller on this trade. My recent performance has showed I have a lot of losses when it comes to pullback trades. Furthermore, the breakout trendline I drew is not really clean - only 2 touches. Finally, the current reversal is on high volume which is an indication of weakness. We shall see. Longby Trader_KajiUpdated 3