Semiconductor
QCOM Qualcomm (long)Danger line, (red slashes)
the price should not drop from this line
it would not be good.
Any close above $135
means QCOM Still bullish
To me the goal is at $147
If you want to trade my recommendation is, in short term
buy at $133 sell at $ 140.5
invest at your risk trading is not probability, it is not certainty but possibilities
You can loose money. Times now are very risky for traders
Good luck
Charlie
Nordic Semiconductor $NOD gets BUY (200) from DeutcheIf the stock breaks through 50 day SMA it looks like it could start a nice bullish movement
A great buy and holdTexas Instruments is a semi conductor manufacturer that appears to have attractive growth prospects within the forecasted high growth semi conductor sector or investment theme.
Stats
The average free cash flow over the last 10 years is 29.9% with an annual dividend yield of 2.27%.
Growth in annual revenue over the last 10 years has been modest.
On average total operating expenses has seen a modest declined since 2006.
As the revenue has grown and operating expenses has declined, the margins at face value has increased. One can see this by the growth in annual gross profit.
What about the debt?
long-term debt to total assets ratio is at 0.34 or 34%. The standard debt to asset ratio is 0.37% which means that most of the debt is long term debt. The effective interest on the total debt is less than 3%. So no real problem or red flags there.
The company is however taking on more debt compared to its historical position. This isn't necessarily a bad thing provided that it is well managed and reinvested into the company. I don't like companies that take on more debt and pay high dividend yields. That's just a personal view.
With regards to the price per share. The company may be trading at a fair value based on traditional metrics and on some metrics such as price to book, it looks expensive. With a 5 year view, i think the company could be in a really good position to continue to grow its revenue particularly if you reinvest the dividends over time.
The trading signals on the weekly chart show mixed results. The Demarker and Stochastic Momentum Indicator suggest that the price may need to consolidate for a while or even retrace before it sees another upward leg. The Stochastic Relative Strength Index shows that the price may increase in the short term, however, this may be suggesting that the price may break through the 185 or 190 mark before retracing to the 160 area. This is all short term guesses.
The question is, should one buy and hold at the current price or wait for a retracement? My feeling is that it shouldn't matter to much if you are looking to hold the company for the next 5 years or more.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Photronic Future Projection and DD over the coming ~3 monthsI project an increase in the stock price of NASDAQ:PLAB due to:
Increase in revenue since the last quarter.
Commitment to Chinese and Taiwanese production plants that have a solid backing of governmental support.
New technologies within the industry combined with a solid demand that wont decrease and the mono-product nature of Photronic.
Demand for smartphones and similar products have increased in the last quarter of 2020 and the first quarter of 2021.
Internally the company believes that the industry-wide stocks is oversold, as told in their 'Photronics Q1 - FY21 Earnings' web-conference available on their website.
The lack of supply of their product market-wide has made possible for the first time in 35 years an increase in main-stream pricing of their product, as shared in the same conference at the 40 minute mark.
Available on the website is also two videos, hosted on YouTube, discussing two of their most recent production plants in China. But the low view-count (500) tells me they are videos made for investment meetings and similar meetings and therefore the company itself are making big steps to increase their production and gain governmental and private support.
As far as indicators go:
The MACD is below 0 and looks to move over the signal line and over the 0 line again.
The Ichimoku cloud has a red cloud within the near future but I project that it will quickly close and return to a green cloud.
The RSI is below the mid line and the current situation is reflected in past movements of the RSI.
As far as fundamentals go:
The support and resistance of the stock has had incremental increases since the start of the quarter.
The revenue movement compared to last years Q1 is only -2%, which is a market situation that doesn't reflect most other industries as many are still recovering from the effects of Covid-19.
As far as the only negative I can find in this DD is that the CEO of the company sold a fifth of his personal stocks for an undervalued price of around 11$ at the turn of the year. It could be personal reasons or a need for more capital in the company could have necessitated this sell of, but in any case its the only point I cannot fully explain or reason, but that may also be down to a lack of experience on my own part. If you have any thoughts on this please share.
Personally, I have an alert set for the crossing of the Ichimoku Conversion line up and over the Ichimoku Base Line to indicate a value increase that could projectically rise and stay risen at least temporarily over the next month or two.
Thank you, and please, if you have any other thoughts or counter-points make sure to share them so I may discuss this symbol with you.
NXPI - trade idea if NXPI can hold the trend the line on the 1 HR I believe it will continue to push higher however it does have some bearish indicators such as decreasing momentum and a bearish cross on MACD. if it fails to hold the trend line I believe it can drop to the nearest resistance. the 4 hr looking somewhat bearish but the 1 day looks bullish overall.
*NXPI Is being added to SP500...can cause short term pop.
In summation, bullish very long term, possibly bullish short term only if we hold the trend line. If not, bearish short term, going to wait the first hour or so to see which direction we take.
as always do your own analysis before placing any trade
this is for education purpose only and is not investment advice.
AMD update: potential path based on technical analysisNo death cross on the daily chart. The stock has significant support at the $73.90 level. Most recent resistance at the $87.10 level.
4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment.
We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be choppy, be careful. There could be some chop while the chip shortage is resolved and the tech sell-off finishes, but this should be a good medium-term trade/investment to start building a position in.
Buy under $80.
Price Target $100-115
Stop Loss $70.
WATT Potential Over-Correction BreakoutWATT (Energous Corp.) Identifying the primary breakout levels indicates a high probability for a breakout event beginning on 21/3/8. WATT has had two prior breakout events at the 3.80 level, first on a descending trend and second on an ascending trend, with a high peaks realized following descending trend lines (Over-Correction). The current scenario is occurring on a descending trend line at the point of uptrend reversal. Other factors include the ongoing market correction that caused a steep down trend to occur last week. This increases the probability for an over-correction up to approximately 4.33 (+/-) in the up trend.
Full disclosure, I currently have no position in WATT so this projection just my unbiased opinion of a probable movement, based solely on previous performance.
KLSE - Battle of the Semiconductors
For some reason, we're not able to show the Laggard boxes, here's the screenshot
We charted the percentage gain since 1st January 2020 till today for leader and laggard stocks of Semiconductor sector based on iSaham.my. We also include the Market Vectors Semiconductor ETF (SMH) and KLCI index as sentiment reference. We also use Simply Wall St to get the Fair Value of the stock.
Here’s what we picked
Leader
INARI
MPI
VITROX
GREATEC
UNISEM
UWC
FRONTKN
D&O
Laggard
FPGROUP
QES
AEMULUS
GENETEC
VIS
MMSV
Some interesting observations:
FPGROUP and AEMULUS were still undervalued, where as the other peers were overvalued between 24% to massively 3399% - Source Simply Wall St
MMSV is trading at highest PE (107.6x) and lowest traded PE is GENETEC (3.22x) - Source Simply Wall St
MPI has the lowest float (9% @ 19M shares) and largest float is QES (26% @ 217M shares)
Top 3 gainers over 1 year are UWC (633%), GREATEC (538%) and D&O (497%) where top 3 lowest gainers are FPGROUP (34%), MMSV (45%) and QES (142%)
This is not a buy call and never will be. Its just our analysis on how the semiconductor stock movement in KLCI.
Hope you will find it useful.
Legend:
MC = Market Cap
NOSH = Number of Shares
FV = Fair Value
O/V = Overvalue
U/V = Undervalue
Simply Wall St
simplywall.st
Market Vectors Semiconductor ETF (SMH):
www.moneyshow.com
iSaham Semiconductor list:
www.isaham.my
$THBR Wedge Filling Nicely. Look To Retest $12.75 area.$THBR Wedge Filling Nicely. Look To Retest $12.75 area. Any Positive Catalyst's Could Help Break Through To Our Next Leg.
ATOM Sign Joint Development AgreementAtomera and Market Leading Semiconductor Company Sign Joint Development Agreement for Use of MST in Future Devices.
entered into JDA with a leading semiconductor provider for integration of Atomera's Mears Silicon Technology (MST) into their silicon fabrication process.
Atomera's MST is a patented, quantum-engineered material that enhances transistors to deliver significantly better performance in today's electronics.
New collaboration will leverage Atomera's transistor enhancement technology to develop improvements across the manufacturer's production lines
finance.yahoo.com
TSM Long 12/23/2020TSM is a leading chip maker for some of the largest tech companies on the planet, including Apple, Sony, Huawei, Qualcomm, and others.
It is pushing new all time highs & I bought in anticipation of a breakout to those new highs. I got long half of a position @ $104.14 with a stop @ $101.75. I didn't feel comfortable putting on a full sized position going into year-end, but if the trade continues to work for me, I am looking to add. With an initial stop loss of ~2.3%, I am looking for at least a 5% move from my initial entry price, which is roughly the $109.50 level.
MU Calls?This one is tough to chart due to it being very extended. My best guess on this one would be a break above 71.51 to further extend its ATH. It rejects, use 69.90 as a support, breaks below that, we could see 67.04
AMD Long Analysis (Daily)Two AMD Long analysis on the daily timeframe.
Breakout setup is short term.
Position build setup is short to mid term.
AMD over 88.72Shown here on the weekly view, it made a higher weekly high confirming a weekly breakout. Lots of eyes on this one and large order flow, 6th most bullish by volume on CheddarFlow with 195 orders totaling $25.2m. But as its been faking us out recently, a break over October's high to confirm a monthly breakout is a more conservative entry. Most institutional orders are for 12/18 strikes 85-90, or 12/15/21 strikes 95 and 100.
AMD ST short idea3H hanging man candle.
Trading range.
indicators divergence.
looking into selling call spread, buying $90 leg just in case trading range break so I can close my short leg.
TSMC Breakout: Powering the AI MegatrendAfter consolidating for 2 months, this semiconductor powerhouse finally broke out to new all-time-highs from its rectangle yesterday. With most tech stocks still recovering from the correction of the last 2 weeks, such a move signals strong underlying momentum.
TSMC counts the world’s biggest tech companies as its customers - Apple, Intel, AMD, Nvidia, Qualcomm, etc - and arguably underpins much of the world’s tech boom and AI megatrend.
Part of the fuel for the breakout came from Apple’s new iPad Air announcement yesterday, utilizing their latest A14 Bionic, the first consumer chipset to run on TSMC’s most advanced mass production 5nm process.
This is one stock you’ll want to own for the long haul.
$ATOM Breaking out $ATOM forming a rounding bottom with a handle/pennant at the top as it retests 52 week highs. Very bullish this stock long term as it has speculative technology in semiconductors that could really boost top line of this small company. You can see after recent ER real volume came into the stock. I love that action and am looking for continuation. Stay long stock here, options spread is too wide for me.
