OLED trade ideas
Oled what happend to you man (3)the semiconductor stocks have been going nuts these past years and OLED gained 750% in 3 years. Naturally the stock had to pullback and OLED lost 62% of its value. It has been consolidating for a few months now and i believe the next move is just around the corner.
Timing = 0 ( Since this stock already lost 62%, i dont think a few % down on the overall market will effect this to much)
Volume = 1 ( volume has been lower the usual but its building and the stock is moving up)
Group strength = 1 (semi condutor stocks are in good shape overall)
Entry = 0 ( I am long for a poential breakout but i would prefer to buy a dip at a lower low )
Fractal = 1 (this pullback is 62% previously this stock has lost 66% of its value)
OLED: Looks bullish...nice inverse h&sNeed some catalyst...AAPL provided some...earning is near. This can go.
$OLED LONG SHORT TERM SWING$OLED , i believe OLED is a good long here for a short term swing trade. It has reversed course on a substantial support line that dates back to feb 2017. RSI indicates that we were way oversold yesterday with a reading of around 24. Tomorrow will be a key day to see if we can break above 30 on the RSI. Also on the hourly we need to break the 55ema which is at 85.36. It is a good sign we closed above the 21 ema on the hourly today and furthers my thesis that we will see 88-92 within the next few days. A retest of yesterdays low and failure would be your signal to exit the trade. I will be trading this with the July 20th $90 calls, this way it gives us time for our target.
Long OLEDI bought in OLED on the dip below $100 and have been adding to the position since. It appears as though it's forming a rounding bottom, and price action suggests higher levels ahead. After forming a bullish engulfing candle on strong volume, shares seem to be consolidating and look ready to make a move higher.
Staying long, buying more.
OLEDBreaking out of a wedge? Idk, came into that old gap from way back but hasn't filled it yet. Could just be an intermediate bounce here before it eventually fills it. On watch.
OLED long idea, Is it the right time to buy OLED? Is this a long term buy and hold? Could be, see the attached article on the stock. Timing looks good......
finance.yahoo.com
Long OLED to 2h PT=124.75 and potential more rewardsanalysis on 3/20/18
OLED reached M dz fib .786(107.15)
W has no sz fib
D has no sz fib
2h sz fib=.886(124.75)
Long OLED, PT 2h=124.75. If this 2h sz fib is broken, OLED will likely have new high.
Long OLED to 2h PT=124.75 and potential more rewardsOLED reached M dz fib .786(107.15)
W has no sz fib
D has no sz fib
2h sz fib=.886(124.75)
Long OLED, PT 2h=124.75. If this 2h sz fib is broken, OLED will likely have new high.
OLED finds Support Universal Display , despite crushing Wall Street's targets in the fourth quarter took a dive due to an outlook for modest growth projections for the new fiscal year.
I see this as an opportunity for a purchase into a good company trading at an attractive discount. The market for light-emitting diode screens, however cyclical, will continue to grow in leaps and bounds. Management also expects industry annual production capacity to grow 50% larger over the next two years.
It seems that OLED has tested and found a support at 0.618 (approximately $120) on the Fibonacci retracement levels (1 year) from its recent highs. Absent of any negative news, I expect it to rise steadily over the next 40 days or earlier to near the $140 level where it will close the recent gap created in the charts.
Happy trading!
OLED Long IdeaI like the fundamentals on OLED in that you will start seeing more and more OLED displays. This stock dropped because Apple said it wouldn't use OLED in their low cost version phones. There is a lot more than Apple out there for revenue. Earnings is coming up, I expect an upside surprise, but be aware it could go against the stock. With the 61.8% complete and the market looking ready to move higher, I am buying into this position here.
OLED Holding Key Support OLED holding key support here during a weak day for the market, even in light of AAPL's earnings reaction.
Showing Daily chart with demand picking up at a key level. 30 Minute chart showing next levels to test. 5 minute Heiken Ashi chart used for tactical entry, helps weed out the noise and better determine short term trends.
Best strategy with OLED right now seems to be options. Looking out to Feb 16 Calls at the 160 or 165 strikes with an initial target for exiting at $170. Anything "closing" break under $155 on the Daily negates this thesis.
Well defined risk levels right now, worth entry or keeping on watch until it meets your personal requirements.
OLED showing early buy signal...but wait for confirmation.
OLED recently experienced a sharp reversion.
Trend Shift Indicator is showing signs of a potential buy indication (green over red)
This shift is an EARLY signal.
Wait for confirmation (TSI filled in green, or using the strategy version overt buy signal)
Check the TSI strategy profit factor for OLED
OLED Buy opportunity on CardsOLED
Price Just Broke the Triangle Pattern and formed an Inside Bar closer to 20EMA.
Nice 4 times reward to risk opportunity on Cards
