This semiconductor supplier for apple has been beaten over the last years and seems to be overblown. The pattern suggests that the end is near but this last 5th wave down could go to the low at 9€ in worst case. Watch the internal structure of this last impulsive wave and the development of the indicators.
Correction nearly over maybe at 111 or 107$. Buy to catch the last up wave before larger correction in autumn this year along with all the other indices.
a correction often retests the low of the previous 4th wave. Watch for divergence at 69$ and buy to catch the last up wave in US techs before larger correction coming in autumn this year. Don't try to short it now as this is still a bull market!
It doesn't matter how much silver they have, how there balance sheet looks like or how their CEO drinks his coffee.
The sentiment controls the price and the chart is our indicator about what the herd believes. It's close to a bottom and just needs one more low along with the metals before the rocket will be fired. Very good risk reward relation.
SES looks like forming a long-term bottom around 10€ as the pattern is overlapping in this last 5th wave and the MACD, RSI and Chaikin Money flow are already diverging. Expect this 5th wave to fail at the resistance at 10€ and buy this dividend machine here. Stop at 9€.
With crossing the last high on monthly close it opened the door to the next Fib-level 1.618% which points at 500€. Stop at ~340 where the wicks indicate that a rich shark with billions bought here.
