LEDS | Oversold Bounce Incoming | LONGSemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, Ireland, and internationally. The company also sells enhanced vertical, LED product series in blue, white, green, and UV; LED chips to packagers or distributors; and lighting products primarily to original design manufacturers of lighting products and the end-users of lighting devices, as well as packages and sells its LED chips into LED components to distributors. Its products are used for general lighting applications, including commercial, industrial, and residential lighting; and specialty industrial applications, such as ultraviolet or UV, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, germicidal and viricidal devices LED lighting for horticulture applications, architectural lighting, and entertainment lighting. SemiLEDs Corporation was incorporated in 2005 and is based in Chunan, Taiwan.
LEDS
$SOXL - semiconductors Bull 3x gonna explode soon $SOXL #SOXLAs we expect the boom in the sector in the upcoming years related to the worldwide shortage of semiconductors I thought it could be a good idea to buy this ETF instead of specific stocks. This way I can track what's going on in the industry and stay with the position without the need to rebalance all the time.
Keep in mind:
1) NVDA (which is 7% of ETF) will have a split in June (typically bullish)
2) AMAT, LRCX - other strong companies of the sector are on the edge of a breakout
3) Technicals are strong, above all SMAs except 20 (this gonna happen soon as well)
4) Crazy runners like LEDS also related to semiconductors
LEDS - 22% short, 400% long targetNot financial advise. I'm just some guy on the internet.
Basis for recommendation: Technical Analysis only.
What is LEDS? Some Asian tech company.
What do they do? Tech stuff. Okay, fine, semiconductors.
Is it a buy? The charts indicate we are entering a price reversal ZONE. So far, just the tip and ONLY the tip! Be aware share price could decline a further 22% from current levels down to $2.03 or lower.
Buy range: $2.03 to $2.51
(Testing support at $2.49)
Stop loss: $1.90
Sell targets are green boxes with increasing resistance levels highlighted.
"Take profit" level $10 or above.
Let's Do It Again, Massive Bear FlagSame reasoning as the last time. Market also trending down and RSI through the roof
Call Broker To Get Shares If They Are AvailableBest to do it today. Stock never follows through, but it has a low float and most of the shares are owned by insiders. They constantly lose money and are late on earnings reports frequently. I see another reverse split coming soon as they have most likely received a warning from the NASDAQ for being under the minimum $1.00 price requirement.
Buy `1/2 today just be safe then follow through once the volume dries up tomorrow
LEDS analysis, ready for nice movementThis is a low floater with huge potential to run, very similar to RKDA. I called RKDA, and this has a very similar setup with similar potential. Notes, as well as BL and SL info on chart. Looking to open a small position here for a nice run. Leave questions or comments below if you have anything to add. Thanks!
This Small Cap Can See A 100% Pop Fast, I Am A BuyerEvery day of late, I see small caps surging incredible amounts. Sometimes there is no rhyme or reason, other than they are low float former runners. I have decided to get into the action with one that seems to make perfect sense. The stock is SemiLEDs Corporation (NASDAQ:LEDS) and it has all the characteristics of a small cap that will surge. Not only is it low float but it is in a hot sector. It also has a beautiful bull flag stock chart. The stock also fits the category of former runner, jumping from $2 to $11 last July. It now finds itself trading at $3.76 and I think it will likely move to $8.00 for a 100%+ move. This is a high risk small cap play, but has huge potential. I am buying a small amount to mitigate the high risk.
See every trade I take where they are Verified right here: verifiedinvesting.com