TER shown here on a 30 minute chart has asended in a diverging channel to the resistance of January pivot high shown in the line and zone drawn onto the chart. My idea is to short it from here targeting first about 106 which is the line drawn from a pivot before the paradoxical fall with a decent earnings report. The lower target is the support trendline...
MU on the monthly chart 4 weeks ago crossed above the previous ATHs of 2021-2022 and has risen without retesting. Adding $9 to the all time highs for 10% inflation since then would adjust them to $104 and price is now in that range and above. Price is in the uppermost anchored VWAP bands and thus prone to reversal. However, MU is not as overextended as NVDA....
Some industries are notoriously cyclical. Semiconductor is a prime example. It swings to the extreme on both bullish and bearish sides. While the industry is in a bull run, investors can still participate in its rise but with caution. The PHLX Semiconductor Index (“SOX”) is a modified market-cap weighted index. It is composed of semiconductor firms involved in...
Hi, Advanced Micro Devices (AMD), have been waiting for that pullback and here it is. Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of its sales are in the personal computer and data center markets via CPUs and GPUs. Additionally, the firm supplies the chips found in prominent game consoles...
NVDA 65m: Intraday setup// Bias: Neutral-Risk on// ATR: 15.99, Volatility: 50.94%, Beta: 1.74// Price at time of publish: 391.40
DESCRIPTION: In the chart above I have provided a MACRO to SEMI-MICRO analysis of AMD's price action. With a large amount of history backing AMD's price action and overall impact on economic factor I would personally consider AMD to be a MARKET MOVER. POINTS: 1. MACRO Deviation: 13.75, SEMI-MICRO Deviation: 6.8 2. Current Uptrend Channel 3. WATCH 45 MA SINCE...
Bumping up against resistance at the .328 fib resistance level, Expect next leg down to test the -0.236 fib around 20.
Broke Below Moving averages - Intc followed the FIB lines down RETRACED to support and got Rejected STRONG BEARISH divergence on the Oscillators ANALYSTS just LOVE Intel.....Whoo Hoo Tech is going to retreat -- AMD and INTC will be First to go down Intel Corp. has been missing from a rebound in technology stocks that’s lifted almost every other member of the...
There has been such demand destruction of bitcoin over the past several months it's clear to see how it effects equities like Nvidia. To explain. High bitcoin prices drive demand for miners. more miners results in higher sales for NVDA. The reverse is also true. Lower bitcoin prices decreases demand for miners, thus lowering sales for NVDA. My idea for NVDA...
$TSM Taiwan Semiconductor Manufacturing Company Ltd. completed a clear as day WYCKOFF distribution TOP. Currently it is sitting on major support. Losing this $76 area would be bearish to $60 because there isn't much support below $76 to hold it up. $TSM is GAP city (Gaps are marked in Red), big gap below Support and many gaps above. So far, this stock has not...
Looks like in downtrend. hoping to hit ~270 range to support the earnings and post which it would come to ~200 range. May be in FEB last to March timeframe. Somehow I have feeling during this transient bear market almost all scripts would hit pre-pandemic levels. Note : Not an investment/trading advise. Please do you own DD.
Would like a pullback into the 50-day line to get long ACLS. Just had a beat and raise report and has ran up on huge volume since. The growth estimates are very good and the company operates in what may be the best area of the market, semiconductors.
INTEL is releasing some new chips specifically designed for crypto mining, continues to release revolutionary chips with government contracted backing. A sure buy for the next 20 years. NASDAQ:INTC MOEX:INTC-RM BCBA:INTC MIL:INTC XETR:INL BMV:INTC BMFBOVESPA:ITLC34 SWB:INL HKEX:4335 BCBA:INTCD FWB:INL GLOBALPRIME:INTC.NAS SIX:INTC ...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been covering $MU for the past few months. After consolidating...
With all chip stocks running, AMAT has given the breakout prior to the Earnings. Can it sustain and move higher?
As 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...
Sales in increasing drastically in 4th quarter. Forming the Bullish Scenario in form reverse head and shoulder pattern. Historical Chart pattern is repeating This is my research work based on the historical data, Not an financial Advice. Good Luck. Do your own research as well...for better returns...Have faith god will bring the fortune...with patience...
Video update and breakdown on $AMD after a nice falling wedge breakout. Looking for continuation volume and sympathy from $NVDA earnings on the 18th!