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Semiconductor

How to Trade the Tech Cold War? BIG SHORT? FA: Global supply chain issues have made the logistics of semi-conductors even more complicated; thus we can expect rising costs and lower profits The Tech cold war between USA and China if led to Chinese retaliation may lead to US semi-conductor companies being hit hard the most as China contributes to 60% of the market demand of semiconductors Skyworks Solutions is predicted to release a decline in earnings for the period ending in June 2020 Decrease in Hedge fund interest when you analyze portfolios TA: Perfect Gann Set up, with the second pull up providing a perfect shorting area with the Stop loss being defined outside of the Gann area You can book profits earlier, but when trading with Gann , you usually book profits at the point where there is a bullish crossover which is when it crosses above the 1/1 region. -Megalodon Whales (Rahim) Enjoyed doing this chart for you, PLEASE Share/Like and Comment
NASDAQ:SWKSShort
by BoSukas
1
The KLCI almost tracks in parallel to the S&P to the fit!Instead of using the DJ Index to correlate to the KLCI, I now use the SPX, Standard and Poor Index to forecast next day market performance. I also use such indexes, in this case, the NASDAQ to learn what sector/Industry would be my Thematic Trend! Malaysia is fortunate to be a significant semicon manufacturer player comparable to Taiwan, Japan, Korea and now, China a minted player but still needed to import its consumption demand from it neighbouring Asian manufacturer. The Chart do show Technology might be the next wave to play.
FTSEMYX:FBMKLCILong
by esac6592
ADVANCED MICRO DEVICES ($AMD) 💻 | New all time highs!?👨‍💻 AMD has been making advances in technology, earnings, and pure bullish price action on the whole. Despite some consolidation recently and the chance of more consolidation in the near-term, we still see upside potential for this titan of chips. Support. The S1 bullish S/R flip is a key support level for the bulls. Although rejection at this level could lead to "bearish" consolidation as indicated on this chart, we don't think this alone will jeopardize the uptrend. If we do go that direction, the S2 S/R flip and order block cluster should see a reaction and could present an excellent buying opportunity assuming we see continued strength in tech. Below that we have S3, which is a support of last resort. Resistance. The R1 orderblock and S/R flip cluster at the previous swing highs are bound to act as resistance unless the bulls can blast through it here. If breached, it then could become relevant as support. Meanwhile, the R2 bearish orderblock formed from the previous All-Time-High swing high is our next level of resistance after R1. Summary. AMD bulls want to see sustained momentum not only in AMD, but in tech as a whole. There is a pathway to a new ATH here, but any faltering and the odds of seeing consolidation, perhaps all the way into July 28th earnings, then becomes likely. Resources: www.earningswhispers.com 💹 Drop a comment asking for an update, we do NEW setups every day 💹 Like & Follow to help the community grow! 🐣
NASDAQ:AMD
by AlphaBotSystem
3
Semiconductors & Hashing-Rate Correlation StudyThere are long periods of positive correlation between average bitcoin hashingrate in gigahashes/second and performance of major semiconductor ETFs like SOXX and SMH As hashing and computing power in general shows massive increases in demand there are only a few companies that have the materials and knowledge to produce 'rocks that think' aka processors and other computing components made of earth metals and silicone. When I see big printing bars in hashing power but 'divergence' in correlation I may consider adding to semiconductor positions via options on semiconductor ETFs and computing component companies like INTC, AMD, NVDA, and the like as it means someone went out and made a huge investment in processing power in order to make a 'blip' on the hashing map but the ETFs are reflecting a downside move. This divergence between correlation of hashing rate and semiconductors displays a market inefficiency in the expectation for demand of semiconductors and actual demand for semiconductors. This divergence is an opportunity for us to capture in my estimation. I hope this makes sense and helps your own analysis Good luck have fun Much Love xoxo snoop
BLong
by 420snoop
5
SOXX ShortSOXX is on the verge of a major breakdown, much like the one that lead to the melt down in Q4 of last year (followed by a ~20% drop after the trend break). However, we are not there yet because we are resting on support. The main, long term pattern we are looking at is a bearish rising wedge. Within the wedge we also have a symmetrical triangle which was entered from above, which suggests - as a continuation pattern - that price will follow lower. Keep in mind there is also another green trend line underneath which acts as a type of extra confirmation which must be broken for a definitive sell signal. A sell signal will be confirmed once we have a daily close below those trends, and especially if we have a weekly close below. Given how resilient this market has been, it would not be unreasonable for SOXX to put in a marginal new high first, thus extending the negative divergences on the PPO and RSI before the grand finale to the downside. Since we are very oversold on the 1-hour candlesticks and have positive divergences building on the market futures (ES and NQ), we can at least expect a small thrust up to the resistance shown as the double green lines above. Either way, once we crack below, there will without question be volatility, maybe even a back-test of the broken wedge pattern, but ultimately I can foresee SOXX going down to the second yellow uptrend shown below. The lower yellow uptrend is one of the two supports I have drawn from the November 2008 lows, following the Great Recession. Both have acted as support and resistance many times, thus showing that both are important levels that price will abide by. Such a move would equate roughly to a 25% drop, depending from which point we break down from. For this trade, we will be using SOXS, a triple levered inverse ETF of SOXX. I would avoid the use of put options since that involves gauging the time frame in which this move occurs which only adds even more difficulty to an already complex setup. A suggested stop loss would be anywhere just above the top of the daily candle which confirms the initial break down.
NASDAQ:SOXXShort
by BigMouse777
1
Weekly double top with bearish div and declining volume on AMD.AMD looks to be double topping on the weekly chart with some clear weekly bearish divergence on both the volume and on the RSI. We can see price has been rising on declining volume, and the relative strength of this latest push up is failing to break 70 on the RSI on a weekly basis. Potentially might see this one pull back to the 50 week MA around $26, or perhaps even lower toward the 200 MA around $14. This is a very bearish looking chart in my opinion. MA Guide (All weekly for this post): 50 MA in Green. 200 MA in Red. -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us
NASDAQ:AMDShort
by Deftsuo
Meeting with tech executives on Huawei ban at White House - NewsReported by Reuters White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd , two sources briefed on the meeting said on Friday (July 20th). Treasury Secretary Steven Mnuchin will also attend the White House event, to which chipmakers Intel Corp and Qualcomm Inc have been invited, the people said. The subject of Huawei was expected "to come up but that it is not the reason why they are convening the meeting," said the official, who spoke on condition of anonymity. The future of U.S. companies' ties to Huawei, the world's no. 1 maker of telecommunications equipment, remains uncertain after the Trump administration put the company on a blacklist in May, citing national security concerns. One of the people briefed on Monday's meeting said Broadcom Inc was also invited to the White House event. Microsoft Corp was also expected to receive an invitation, the person said. ----------------------------------- *We could possibly see some volatility this week with this meeting.
NASDAQ:SOX
by dorfmanmaster
NVDA Oportunity to Short Post EarningsThere is weakness in the semiconductor market, $NVDA has recently been underperforming peers, ASX:ASX , NASDAQ:INTC , NASDAQ:ATOM . The mayority of ratios are not good either, P/S, P/E, EV/EBITDA are way over Industry Average. Weak cryptocurrency demand of chips Suspension of test drives for driverless vehicles Uncertain macroeconomic environment may jeopardize company growth (80% company sales derived from outside US) Customer concentration: Top two customers accounted for 30% of total accounts receivables Short term we may see a bounce to the 165-180 zone post earnings, where there is an unfilled Gap, price should range for a couple weeks between daily 50 MA and 200 MA.
NASDAQ:NVDA
by Paczcz
1
AMD Short setup $29.8 to $26ish. Fib/Horiz resistanceSide note, The magnitude of the bounce the US economy has had since the bottom in DEcember has been insane and unprecidented. I've never seen a bottom not get tested and just fly up vertically. Especially with poor GDP estimates and economic outlook data. I was pretty heavily short back in Feb, so that hurt a bit, but all you can do is learn from your mistakes and keep moving. This is a self explanatory chart again. We're at the 0.786 fib retracement, and we're at a previous point of resistance from September 05 2018 at $29.94. We just went up almost 12% today, and it looks like a good time to pullback a bit in the next week. My stoploss is $31.
NASDAQ:AMDShort
by teckno05
1