A P-E ban for 3711 ASEThis chart express ASE Pe band and Monthly revenue.
Also , an input of 2025 year EPS forecast will bring future P/E band till 2025 year.
3711 trade ideas
ASX PRICE PREDICTION CURVE ACTIONFooling around with curves to generate a prediction of ASX over the next few months
ASX Approaching All-Time HighASX has been on a roll for the last nine weeks. If it can take out the resistance at 9.62 (The all-time high), then then this might go up much higher.
The VanEck Semiconductor ETF SMH has been in a nice uptrend, making the semiconductor sector an attractive market. Also, ASX has a good dividend - a good bonus for long-term holders.
$ASX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ASX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 88.89%.
$ASX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ASX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 87.5%.
ASXOn the daily chart, it looks like ASX has successfully bounced back from the support line.
It should be able to reach $9.62, the previous height (15%-20% gain), within a month.
I am putting 10% of my fund into this stock.
The stop loss is around the $7.66, the previous low.
This is just my personal view on this stock, and it does not intend to provide any investment recommendations.
ASX Long SwingThe 9ema is crossing the 20ema and the price managed to close above the 50sma and above the .50 fibonacci level on Friday. The close is also in very close proximity to the POC line (YTD).
With the MACD crossing I think this is set to move higher.
1st target $8.07
2nd target $9
ASX is ready to break outNYSE:ASX is showing some muscles and is ready to breakout. Long the breakout at 5.7$ to target 7.24$, 7.49$ and 8$. Stop level around 5.1$
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
ASX follow: still longThis is a follow up from May 8 post (link below).
Still looks positive to me. Near term target box given. But if goes above the recent high of 5.7 then a move to 7 seems possible. Process your way.
This is a semiconductor company in Taiwan as is TSM which I also posted and has rocked up to the suspected target. Hope hope some of you profited from that.
Observation : Notice the beautiful "cup" formation from April to December 2019. Followed by a sharp drop. No one pattern works every time. There is an old saying: "Many a slip between the cup and the lip" I guess this one falls into that category.
Have a great day.
ASX daily log: one to consider Semiconductor area. Taiwan. Could use close below current up trend line or below most recent low as stop. Process your way
Have a great weekend.
ASE TECH rides the SMH reversal.Shares of ASE Technology (NYSE:ASX) are rising to test the highs set in April and in the summer of 2018. The stock was recently upgraded by analysts at Goldman Sachs and Macquarie. The company provides a variety of packaging and testing services out of its headquarters in Taiwan. Watch for a breakout to the highs set in early 2018 which would be worth a rise of more than 50% from here.
Source Investorplace
Average analysts price target $2.56
Average analysts recommendation Overweight
P/E ratio 19
Yield 2.26
Short interest
ASE Technology Holding Co., Ltd. engages in the provision of semiconductor manufacturing services in assembly and test. The firm develops and offers turnkey solutions for the front-end engineering test, wafer probing and final test, as well IC packaging, materials and electronic manufactures services. It operates through the following segments: Packaging, Testing, Electronic Manufacturing Services (EMS), Estate, and Others. The Packaging segment offers a broad range of package types such as flip-chip BGA, flip-chip chip scale packages, advanced chip scale packages, quad flat packages, thin quad flat packages, bump chip carrier, quad flat no-lead packages, advanced quad flat no-lead packages, and plastic BGA. The Testing segment provides complete range of semiconductor testing services, including front-end engineering testing, wafer probing, final testing of logic/mixed-signal/RF/(2.5D/3D) module and SiP/ MEMS/Discrete and other test-related services. The EMS segment is comprised of the SMT assembly line which provides activities such as, solder paste stencil printing, component placement, and solder reflow. The company was founded in April 2018 and is headquartered in Kaoshiung, Taiwan.
ASX has been hammered. Time to buyThis stock has a 40% up potential. It has been hammered- and it has recently had good earnings. This stock should move back up . Has been trading in a sideways pattern for a while and has crashed back to the support line.
ASX target $7 with (MA,2) crossing (MA,19)ASX
As the 2 days moving average is crossing the 19 days moving average, which shows it's good timing to catch the momentum.
Moreover, when we look into the regression with 1.96 S.D., that's represent the 95% confidence interval.
Which the current price is suitable to go in.
My target: $7
Profit taking: when 2 days moving average is falling below the 19 days moving average
Stop loss: $6
ASXASX has been Bullish with the last month. EMA(9) is above EMA(20)(50) and (200). Price has consolidated back into the Bollinger bands and price has bounced off EMA(50) resulting in price crossing over EMA(9) as of today. Volume is still considerable high. There does appear to be a resistance line, illustrated by the triangle. Breaking thru this resistance should offer a powerful move up to retest the high.
Big Short?Portfolio Manager Patrik talks
Next trade = to open short at 6,40 USD /STOPLOSS 6,54 USD = 2,2% TARGET PROFIT 5,45% = 14,77%/
BE at price 6 USD >> 65 %
$ASX me what I think about semisLook at that breakout volume..BOOM! This is a high probability setup that has solid upside.
Practice 1: Early sign of recovery of down trend as it breaks a 3 time resistance line but requires to proves its up tend strength by breaking the strong bearish trend line
No entry point due to movement are at high point at the moment
ASX Day Trade Retest Gap (Brad Reed Apr17,2015)If ASX gaps over 7.46, consider using the Retest Gap strategy. To learn to trade for free go to www.RealLifeTrading.com
ASX: Rising wedge pattern continues?Advanced Semiconductor Engineering appears to be trading within a rising wedge as recent supply levels are being tested. If the current situation continues, its reasonable to assume that a drop in price to the 4.65-4.50 range may occur before demand levels are once again met. Any break below this results in demand levels at 4.00-3.50.
