Ben 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...
Had to take the AEHR chart all the way back out to 2017 to find some levels to plot. Took the fib retracement and look what we found: high traffic area around the 236 level. Tested it for the first time since 2017 and failed to break & hold. After pulling back, AEHR came within testing distance of the 382 level. After such a huge extension it will be interesting...
The company Synopsys that produces software systems dedicated to the production and testing of ingrate circuits finds new impetus. The company presented excellent results that have decisively exceeded the estimates of the analysis and thanks to these seems to have started in search of the peak and I doubt it will stop here. The algorithmic advisor Market Miracle...
QCOM Current Price $131.40 Price Target $165 Qualcomm is set to take a significant chunk of the 5G chip market that was dominated in the past by Huawei which is currently banned in the US & UK. 19x PE (FWD) & a 2% dividend is very attractive given the growth potential QCOM has. Recently the whole Chip sector has pulled back amid a shortage that will boost the...
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...
I know it is trending down but it tapped my level for that bounce, expecting for it to hit 89-90, if it breaks 90 then... 94 baby! Still on my WL because on the Daily has a C&H pattern, its just that this handle is ridiculous! LOL
Load up, you won't see this stock below $90 often in the future. The MACD is signaling buy. When the red signal line rises above the MACD line, it's a buy signal. The RSI is signaling buy. As highlighted, an RSI around 30 signals it is not overbought. It held the previous support level of 87.52. This is a tremendous sign. I expect it to carry on in the...
SOlid Q3 earnings and a solid patterns setting up under 86. If you look at the weekly chart pattern you can clearly see a level of resistance. This is key in the forward momentum of the stock. THere is also an inside week forming on this chart. MAke sure to take a look closer and share your thoughts with me.
Taking a look at today, and the days ahead for AMD.
This stock has taken a beating since its event and purchase of $XNLX and it retested that support, bounced and broke resistance. My price targets I tried to mark out in this video, and alot of these are smaller so if you are scalping then pay attention to those big ones, and fill in on the smaller time frames. $AMD is a no brainer. Great CEO, profits, expansion,...
AMD (Advanced Microdevices) has been on a tear, and for many good reasons. Still, note the short-term correction and whether all its current growth potential has already been priced in. AMD gained strong profitability in 2016 and beyond posting strong and accelerating results with the success of its Ryzen processors. AMD's ability to both produce and deliver...
NASDAQ:MU Per the chart patterns, I see MU making a corrective move this week to fill the gap it left behind at the 48.30 level. Look for a bounce off of that PT. Follow for ongoing analysis.