MMAT Meta Materials trying to reverse LONG.stockinvest.us
www.nasdaq.com
Yes, MMAT's target got raised 100X ( it has been in that neighborhood before)
MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high.
It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an
early breakout. The breakout is a confluence of the apex of the wedge with the first lower
VWAP line of an anchor back to the summer of 2023 when price was about $20.
Given the 30% move Friday and after-hours to close out the week and the
huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry.
After the opening bell, I will look at the opening range on a 5-15 minute chart and take my
trade counting on increasing momentum sustained into a new trading week and more eyes
on MMAT. I like this stock's underdog status and the penny stock volatility that might be
harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans
and mining equipment made money with the miners. Chips are the new gold and MMAT
is part of the supply chain for semi-conductors. It's that simple.
Chipshortage
$TSLA - SHORT TEAM RELIEF EVs have not been a hot sector as of late.
Largely due to the supply chain crisis, lack of chips, and the fact many are extremely speculative stocks.
However, Tesla does not like to spend time below the 800 for long. The bulls usually come in and fire this stock back upwards.
Expecting a short-term relief rally up to around 870 and likely heading lower again. Likely between Monday and Wednesday FOMC.
AMD - Chinese chips decliningChinese chips are seeing shortages across the board
NASDAQ:AMD
XETR:AMD
BCBA:AMD
BMV:AMD
MIL:AMD
FWB:AMD
NEO:AMD
SWB:AMD
HAM:AMD
SIX:AMD
DUS:AMD
LSE:AMD3
FTX:AMDUSD
Semiconductors, Crypto and Market SynchronicityYou can't throw a cpu chip without hitting someone that is complaining about how the market is overvalued.
You just need to look at the buffet indicator to see the total market is over x2 overvalued.
What most people are not looking at is why.
This idea attempts to highlight semiconductors influence on the overall market and expansion of the options market that now feeds the machine.
If you were not paying attention you may have missed the options market expanding nearly 2x since the chip shortage started.
A chip shortage heavily influenced by the trade war with china staring in 2018.
A chip supply that grew from 33 billion in 1987 doubled nearly ever 2 years (moores law) to 553 billion in 2021.
Is it a coincidence that S&P500s value grew at nearly the same rate since 1986 (green line)?
Is it a coincidence that bitcoins big breakout in Dec 2020 broke above the demand for semiconductors (miners/graphics card demand)?
Is it a coincidence that Apple + Tesla are the driving the options market since it's breakout in Jan 2020.
Is it a coincidence Apple, Tesla, Bitcoin and the options market peaked at the same time Nov 2021.
Synchronicity
Major Support level on INTEL | What we want to seeBased on the current global chip shortage. There are 3 companies worth paying attention to TSMC - INTEL - SAMSUNG. The 3 of them are heavily investing in increasing their production capability to finish these shortages affecting key industries across the globe.
Today, we will analyze INTEL from a technical perspective:
-The main thing that we can observe on the chart is a MAJOR support zone. That's a key level to pay attention to. Why? Because since 2018 has been working as a key bouncing level
-That's why we want to observe contact there before thinking about any bullish setup. This is a good filter to avoid engaging in situations that are not 100% in our favor based on historical behavior
-IF we observe contact, we want to see a breakout of the descending trendline followed by a correction similar to the 3 scenarios that happened before.
-Our Target for this future movement is 57.00
What's the whole point of these types of analyses that are not "close to happening"?
If we do this regularly, we reach a moment where 3 to 4 times a month, we have premium situations working as expected, and we can develop high-quality setups on these charts that we get ready with months in advance.
If I have to define my edge on the markets, it would be: Patience + Being ready in advance as much as possible.
Thanks for reading!
#TSM mid term AnalysisAs we all know TSM has amazing fundamentals, incredible advantages in their business model and benefitial political terms inside their country, right now their competitors are not close enough to compete with them at full scale. So we are not going to argue about value for this company. Not all day we have infront of us a company that represents value for half of the world chips manufacturer market.
since the July spike the price of #TSM has been trading at a side chanel from 108 usd to 125 usd, in case of a breaking of the 125 resistance at the edge of the accumulation channel, we can expect the price to travel smoothly to a) level target and so on, but in case of breaking the 108 support level we may see bears will take control to the oranges mark supports.
As expected due the economic enviroment right now, lets expect a lot of volatility but thats ok, dont forget you are sitting on a value stock, the stop loss is stretched due volatility.
AEHR Test Systems Price PredictionBen Rabizadeh, founder of storytrading.com, said Aehr Test Systems is his largest position.
Rabizadeh is targeting a short-term move to the mid-teens if the stock is able to break through $8 per share with high volume, which just did.
Aehr Test Systems could reach $50 by the end of 2021, Rabizadeh said.
The stock could trade as high as $100 per share in the next two to three years, he added. (benzinga.com)
The volume today was 31Mil from an Average of 4,3Mil
QCOM - $165 PRICE TARGET QCOM - Current Price $130.48 Price Target $165
Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip improved graphics rendering and improved artificial intelligence capabilities for things like facial and image recognition. Their 5G chip couldn’t come at a better time as tensions between the rest of the world and china continue, companies outside of China have started to avoid buying from Huawei. Back in 2019 Trump banned Huawei products in the US, and in July of 2020 the UK banned Huawei and their 5G chips and even said the companies existing equipment in the country will be removed by 2027. This is the perfect time to buy a trusted US chip maker that has a unique ability to steal significant market share in the 5G chip market. Great Value @ under 20x PE, 1.9% dividend!
