SMCI is going...Price broke above descending triangle, I like it above $28
With NVDA strength, this is probably a great setup to retest $31 today
Watching this closely
SEMI
ASML Holding | ASML | Long at $680.00NASDAQ:ASML Holding, a developer and servicer of advanced semiconductor equipment systems for chipmakers, dipped backed into my overall, long-term selected simple moving average (SMA). From here, stocks typically bounce or drop, but given the AI boom is far from "over", I anticipate another bounce to eventually close the gap near $1,060. It may show some minor weakness to close the gap in the low $600s and get the bears excited. But, unless the economy further shows major weakness in the semiconductor space, NASDAQ:ASML is in my personal "buy zone" at $680.
Target #1 = $730.00
Target #2 = $915.00
Target #3 = $1,060.00
$NVDA $650 by 6/1Welp.... say it ain't so... do what you want of course... I have this target by June 1st of this year. Refer to 22' Top.
$AMD Recognize where and whyThis is a chart I created several weeks ago. I find these points of inflection fantastic for support or resistance depending on the PA of course. I've drawn these on several tickers and the outcome is almost always the same. This is just information. Do what you want with it.
Upward trending channel - ASX:SEMI (Long)SEMI currently sitting on upward trend line within established bullish channel.
Previous support line at $16.30 where demand triggered another uptrend to above $17.00.
RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54.
Aiming to take a long position between $17.00 - $17.10 if buying pressure increases in the coming days.
Disclaimer: NOT financial advice, I am not a qualified finance profession. These ideas are my own based on my research. Please consult a licensed financial advisor before making any investment decisions.
ASML Holding Options Ahead of EarningsAnalyzing the options chain of ASML Holding prior to the earnings report this week,
I would consider purchasing the 760usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $20.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SMH - TECH Welfare @ $282 Billion / $25B Tax Credit PerNancy and the Gang anxiously await the Senates Taxpayer handout to the Industry.
Po Nancy, $107 Million simply is not enough for her and Pablo the Shark Tank Drunk.
Nancy had to gobble $341K in losses on NVDA after exiting her 25K Shares in a loss due
to slime lights a shinning.
Bravo, add 3 zeros and it's all good.
Everyone should lose a hand.
Preferably, a head.
__________________________________________________________________________
They'll need to expedite this Grift Gift as China's warned off the Carrier Group as well
as Fancy - show up and it's going to be "A Dangerous Moment"... Nancy risks our young
men and women in the Navy with harm's way...
Don't give it a second thought.
Saddle up and please take the rest of the House and Senate with you.
Create a Threat to National Security... Risk Lives, Profit from it as a matter of course.
Shut up Hoi Polloi, we didn't ask you, we decide - you obey.
___________________________________________________________________________
The insiders in and outside the Beltway can't wait to get this Theft to the House and wrap
it up for August recess.
Qui Bono, you ask?
Intel, TSMC, and Texas Instruments - direct Jing.
Fabless chipmakers like Nvidia and AMD will not be left out in the cold. They will receive
"Scientific Grants out of the $230 Billion in free money for "Innovation."
It is quite likely the following Companies will join the Grift eventually:
Micron Technology Inc. (MU)
Amkor Technology Inc. (AMKR)
Camtek Ltd. (CAMT)
Analog Devices Inc. (ADI)
Although these ladies doth protest too much, it's an irresistible deal... free money.
We'll see $175B in Tax Credits gifted when everyone joins the Semi-Orgy.
You and me - we get the Bill @ $457 Billion.
Enjoy or do something.
ps. - IMF: Russian economy doing better than expected
NVDA south?Getting rejected at prior support area, now resistance.
Good R:R having SL just above the trendline
No entry until confirmation on smaller time-frame
SOXL close to a strong supportSOXL tracks the performance of the thirty largest U.S. listed semiconductor companies.
The semiconductor space is still hot, but the companies in the leveraged Direxion Daily Semiconductor Bull 3X Shares (SOXL) didn`t performed well against the inflation and raising interest rates recently.
I think SOXL is now close to the strong support of $21, pre-pandemic level, from which it can bounce to the $36 resistance.
Looking forward to read your opinion about it.
$UCTT go long, potential outperformer in semi equipment spaceUCTT has begun to outperform the overall semiconductor industry represented by the etf SMH. The trend has clearly been broken on the weekly chart.
There has been a good amount of volume in this week so far, creating that very bullish weekly candle. Hoping we finish strong this week. Looking to create a position if it shows continuation.
EV/EBITDA ratios for the leaders in the semiconductor manufacturing equipment; as you can see UCTT has the best one since any EV/EBITDA below 10 is considered healthy.
8.2577 UCTT
16.5404 AMAT
19.0102 LRCX
18.1225 KLAC
Micron cerca de romper record del 2000. Lo lograra? Micron sigue subiendo después de su reporte trimestral, y al los analistas arrancar el 2022 subiendo sus estimados con respecto a la accion. Les contamos como la salud técnica y fundamental están en la accion de cara hasta 2022
$AMD | 1/3 - 1/7 AMD 143 - 144 BOUNCE
Rationale: Bounce off trendline on the daily chart
News catalyst: AMD hosts its 2022 Product Premiere event at CES to highlight innovations and solutions featuring upcoming AMD Ryzen processors and AMD Radeon graphics.
$mu analysis Sometimes there is no need to get creative. Semiconductors have been hot, and $MU is one of the few that hasn't made a new high yet (although it came close, wicking into supply levels near the all time high of $96.69). The bigger picture here is that price is extended from the 21 day and closed below the 5 day last week. It seems a slight pullback is in order
FB - INTC V.2 FB options degenerates are back, surprise.
Put Volumes dominating the Volume although O/I is split.
297.50 @ 1,357
300.00 @ 5,886
305.00 @ 1,854
310.00 @ 2,873
312.50 @ 556
315.00 @ 1,273
317.50 @ 819
320.00 @ 3,540
322.50 @ 1,210
325.00 @ 1,672
Semiconductors, Comm, Telco, Software - are being used to push to the NA
to Price Objectives @ 15513 - 15517 as the VXN broke its Lows and is making
New Lows for the Day.
Range break leads to higher Price Objectives.
We are SOH until FB reports.
INTC - Provides Intel on the State of Affairs in MANUAfter a run ahead of EPS, the 46.07 ended up another Ghost in the ALGO Machine.
EPS for Intel, another Disasater after FAB MANU ASML's ugliness, Lucky for ASML
the Dippers were all too anxious to Bid it back up erasing 1/2 its losses from
805.
Earnings Season has added more complexity to the Mix.
NQ made a run for the top of the Range @ 15513/17 - only to unload to its
Prior close by ZERO.
It gave back all the gains on INTC... all of them.
These are the challenges to EPS, volatile and setting up for the unseemly news
from Chips. Today's Intel Dip buyers were dunked to the 52.50 Level on the DOM,
the scene of prior High Crimes and Felonies.
As Semi's continue to report, they will continue to reveal Q3 was indeed a disaster,
lots of Fudge, no Walnuts.
Today's EPS was TECH heavy, tomorrow is Freaky Friday - the most overused Day
of the Week to Crush the VX Complex.
With the 400 Ticks of CF ahead, it will, no doubt be challenging.
Trade Safe, it is very dangerous at present.
Timeframes are in Conflict, complete conflict. Weeks end will begin to resolve this
when we see where the Weekly Candle closes. Last Week's close = 15134.50.
$KLIC $KLIC BOOM!?: Running w/ the semisSMH hitting a nice pivot today, most names look like they have blue sky territory like NVDA, MXL, ASML and now possibly KLIC? Sitting in the mid cap range, the market could see this semiconductor as the sweet spot given the Fed rate environment
AAPL - the keys to the SELL - TGT 141sEco Friendly Apple of Sunnyvale Spaceship has failed on its Gamma Squeeze.
M2 and M1X chips...
Large issue.
Gamma BS will fail again.
Words is leaking out Apple will see a large reduction in Sales.
xoxo - Hunter Killer
SOXS - .382 Test Ahead @ 18.72200% Upside here.
Large Volume on Lows.
Panic reversal has setup.
NQ will be the first to fail on Inflation Trade.
FED told us so this week and last.
Digi $'s come home to roost a bit.
Hot CPI assures a D U N K in time, as CON.fidence in BTD
begins to fail.
Volumes at extremes, Divergences at extremes, Valuations at extremes.
Correction ahead for NQ/TECH/SMH as Semis see Geopolitical Risk.
SOXS - Semiconductors setting up for large D U N KSOXS
SOXS
SOXS
China
Shortages
Q3 Dismal EPS
SOXS
SOXS
SOXS
$QCOM in Ascending Triangle $165 PT The global chip shortage is still nowhere near over, making semiconductor companies very attractive here. QCOM is my top pick of the sector as they dont only benefit from the chip shortage they also benefit greatly from the roll out of 5G. The roll out of 5G will be sped up by US investment via the infrastructure bill which allocates $65b to broadband infrastructure. QCOM’s Snapdragon 5G chip is the most cost efficient chip on the market, which should continue to be in high demand as chinese firm Huawei is still banned in the US and UK which creates market share for QCOM given Huawei used to be one of the largest 5G chip manufactures before they were banned in multiple countries. QCOM has been trading in a clear ascending triangle pattern which historically implying further upside (72.7% of the time), QCOM should be able to breakout of this pattern and move higher. Trading at 20x (FWD) PE and a 2% dividend QCOM is trading at a very fair value, with great growth prospects making it a very strong BUY for me.
$AMD bullish again? Here's the analysis.Hello everyone,
AMD has been an outperformer since it tested the 73 support multiple time earlier this year. It broke out of a 6 months long downtrend line in 2020 November and is currently backtesting it (thick yellow line). This may indicate the strong hyper momentum semiconductor stock is ready for another powerful rally.
Disclaimer: I personally hold AMD shares so this analysis is biased toward the bull side.
Pros:
- Downtrend line broken and currently holding the ratest
- Lightning bolts price action, a classic bull flag that points toward 89-91 areas.
- Tech and growth being in favor again with the easing of inflation fear.
- Trading lower than my valuation of 96 - 110, note that this valuation is subjective and priced in with a high PE ratio.
Cons:
- R/R ratio for the trade right now is not favorable to the bull until it clears 89 - 94 resistance
- Slight bearish divergence on the RSI
- Change in monetary policy could have a negative impact on tech stocks again.
- Market breadth across shows bearish signs as not most stocks are above 50EMA
Summary: Technicals of AMD are favoring the bulls and stock outperformance has not changed for the short term.
For holders: Monitor price action around 89 - 94 resistance, you should up your expectation with recent technicals
For non-holders: Buy around 81 - 83 as the previous resistance areas are likely becoming support.
$TSM descending triangle - what do you think? Up or down?Beautiful channel formation here but the time has come where descending triangle is forming, these are usually bearish.
TSM is having problems with production due to water shortage, $MU ceo yesterday talked about how NAND demand is not necessarily as high as the market thinks. Different industry, but is this company really worth 3x pre-covid?
I lean towards bullish as the 200ma approaches but the technicals on paper say otherwise.
QCOM over 151.78Gap above, needs to put in a base after earnings reaction, likely to reject gap before starting to fill.
