Mocom Technology Holdings - Galium fishingWhat's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to partner with them to prevent more patent litigation, so STM is now their distributor and making MTSI chips as well.
Fast chips will allow 5G cybersecurity improvements for all 3 arena's as newer chip technology.
Technical view: Below 786 fibretracement from recent drop after some BIG DOG $$$ got scared from US-CH trade wars. This is
almost as good as NVDA and AMD before their recent runs. Would love to see a double bottom here....
You're welcome on this one. Been looking for GaAs, GaN chip manuf. with patents and new partnership gives this. No seriously,
you're welcome. longbuylongsell @MarxBabu add Woody's CCI here on 4h chart with Fib Retracement (scroll back).
Chips
QCOM, AAPL, OLED - Coincidence on new iphone plans?TELECOM Sector
Qualcomm snapdragon chips tend to go into cell phones #QCOM
Apple introducing new iphone as release X a fake release to 5G #AAPL
OLED displays are the best in the market #OLED
STM chips for ASIC might be made by someone else #whoknows
AXTI 3D sensors might have competition ?? #whoknows (not PM)
Yes, I left out AMD, which might be making the GPU, who knows ?? #toolate-shipsailing
Am I more interested in Softbank comment on new Japanese Telecom Carrier IP and needing big investments from banks.
Bought OLED in August. QCOM in Sept. Sold AXTI for now...3D sensor users needed. STM well holding on for no good reason.
These are all prognostications and viewers come to own sense of reality, investing, and humor.
Samsung / 5G-Apple here's a new product idea: I'd love to see a whole house smart phone system. Every phone has WIFI, display, GPU, etc. for under $1K or abouts.
AMAT Gap Down on Guidance - Right Down to Strong Support. . .Applied Materials fell hard on guidance today. Did AMAT stock get put on clearance sale with the drop?
Whether or not the stock deserved to fall almost double-digit percentages on the day is subject to debate, but the important thing is it fell to a very strong support level - and the tech story continues to look good.
Thank you for for lending me your attention!
AMAT provides equipment and support for chipmakers. There are several reasons why chipmakers are going to see robust business in the coming months and years - AI, automation, blockchain, I.o.T, data, etc. - meaning Applied Materials' customer base is ready and willing to do robust business with the company. As the automation and data gold rush continues, AMAT's customers will be buying more and more equipment and services.
There's also the 5G wildcard - while slow adoption of 5G technology doesn't necessarily hurt AMAT's business, a 5G tech connectivity boom would be a great boon to AMAT's prospects.
The technicals are as good a story as the fundamentals. Applied Materials fell from the low\mid $50's to close around $49.50 (down a little more than 8%) on 5/18. Looking back on the chart, we can see that the $48 area provides a strong support floor. AMAT approached that support zone intraday as selling momentum pushed price lower during the early trading hours - and selling pressure as well as lackadaisical summer trading may see price through to lower levels in the coming week or two - but Applied Mat'ls miss on expected guidance doesn't change the overall situation of the company or the tech sector.
Gaps like these tend to fill. Look for price to trend higher as tech remains strong and the chip manufacturers continue to buy products and services from AMAT, and as traders take advantage of the early Memorial Day sale price of Applied Materials' stock.
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See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
$NXPI: Back above the 200 DMANXPI broke above it's downward trend line back in April. Along with the broad pull back in the semiconductor space, NXPI pulled back and successfully re-tested the aforementioned trend line. With NXPI now back above it's 200 DMA (red), RSI on the rise and earnings due after the close on July 27, I expect NXPI to increase to at least the fibonacci 0.618 retracement of $87.06 and possibly the 0.764 retracement of $89.91 (up 7.34%).