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Semiconductors

MU - LONG - Double bottom to 52.50- Double bottom at support. Micron is ready to fly, but I will wait a lite pullback at 35.00-35.50 - Strong stock on strong indusrty (Semiconductor). MU as been upgraded by Needham, from hold to buy at 50.00 as target. - Very trong fundamental : > P/E 3.57 > EPS : 157.6% this year Waiting for a lite pullback to buy and fly to 52.50 as potential and at is all time high at 64.50. I will update it regularly. Follow MU for development. I wish you a great trading day! Waz-
NASDAQ:MULong
by Wazaby
AMD Bullish, Long, Fib+EW PredictionsrThis is not financial advise. For entertainment purposes only. MY OPINION AMD has had some good news, and solid growth despite the trade war between US and China. Finding support at the .618 Fib retracement at the end of a rising wedge, especially to end the week or month, could spark a full breakout to the ATH of $47.50. However, when adjusted for inflation, that is $70.64 in today's USD. I'm setting next targets to watch between $36 and $42 if resistance is successfully broken here. Of course, this is all bearing that AMD continues to have few issues and the company stays profitable. Anything can happen over the course of a few years.
NASDAQ:AMDLong
by MakeAManOuttaU
Micron pops on non-GAAP earnings report gimmickMicron has been looking bearish in what appeared to be an emerging downward channel. However, after hours today it popped two and a half dollars per share on the basis of a supposed earnings beat. News outlets are reporting that earnings "crushed" estimates. The problem is that the analyst estimates are for GAAP earnings, and Micron's GAAP earnings missed by several cents per share. By disclosing non-GAAP earnings, Micron used a common gimmick to appear to have beaten estimates that doesn't reflect actual strength in the company's fundamentals. Whether investors will notice this is another matter, however. The stock may stay up tomorrow regardless. But I personally wouldn't invest in it. To Micron's credit, it did slightly beat estimates of GAAP revenue even though it missed on earnings.
NASDAQ:MU
by ChristopherCarrollSmith
Why I'm ignoring technical chart and buying SOXL after hoursTrading View's technical chart is flashing a sell signal for SOXL, but my proprietary algorithm is saying buy. These indicators are flashing strong buy: Slope of the Hull moving average Previous day's change Difference between 20-day exponential moving average and 20-day simple moving average These indicators are flashing a weak sell: 20-day simple moving average slope Distance from Hull moving average This indicator is flashing a fairly strong sell: *Distance from 20-day exponential moving average My proprietary algorithm aside, there's also seasonality to consider. Today is a "bear day" according to the Stock Trader's Almanac, meaning that on this date the market historically has fallen more than 60% of the time. However, the next week and a half have historically been bullish. So historical patterns suggest that today's decline was an anomaly and that the market will rally tomorrow or Friday. As always, this is just an idea about how the market may move, not investment advice.
AMEX:SOXLLong
by ChristopherCarrollSmith
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
Swing trade YANGAfter Trumps tweet of raising tariffs, China's market is temporarily crashing. YANG is a China Direxion Bear X3 ETF. The index is having great gains. I expect it to reverse on Friday 10th / Monday 13th. Analysts still expect the trade to happen between China and USA. At this point consider buying YINN (China Bull X3 ETF). Other X3 ETF's to consider: SOXS (Semiconductors Direxion Bear) is on the same path. --------------------------------------------------------------------- Information An exchange-traded fund, or ETF, is an investment product representing a basket of securities that track an index such as the Standard & Poor's 500 Index. ETFs, which are available to individual investors only through brokers and advisers, trade like stocks on an exchange. Direxion Shares and Ultra ProShares are leveraged Exchange-Traded Funds (ETFs) designed to seek daily investment results, before fees and expenses, of 300% / 3x of the performance (or 300% / 3x of the inverse of the performance, in the case of a bear fund), of the benchmark index that they track. There is no guarantee that the funds will achieve their objective. --------------------------------------------------------------------- Caution There can be A LOT of volatility trading these Indexes. ALWAYS use stop-loss orders, as well as price target sell-offs. Happy trading! PS: For a list of all 3X ETF's. Go to: 3XETF dot-com
AMEX:YANGLong
by dorfmanmaster
SOX - A Tale of Three ChannelsPretty clear long term channels dating back to 2000 and 2003. Plus a steeper near term growth channel has formed between two uptrend lines, confirmed with multiple touches. Looking for SOX to step up into new highs and for much of the past resistance to become support. (1) - Looks as though this move down may have already occurred this week and we found some decent support at the old resistance Downtrend line. (2) - Looking for a move higher and possibly a fake break above the Growth Channel. (3) - Pull back to and retest of the 2018 ATH (4) - If we reach these levels we would be looking for some confirmation by either moving higher within the Growth Channel or a break above. (5) - Probably a good chance of testing lower after these levels. Probably a return to lower Growth Channel band. Time Frame: 1-6 Months
NASDAQ:SOXLong
by IAmCommodore
Nvidia Bull Consolidates Before Run Continues Prior to trade talk resumes, Nvidia is seen here to be expected to consolidate further before it bulls run. US Recession signals are still being digested by the market as 3 month and 10 year yield curve inversion leads to global equity sell off. US Tech industry is expected to further consolidate as markets anticipate the outcome of trade talk. Trade talks have proven to be unpredictable due to Trump eccentric stance. Trump has been giving positive expectation while actual negotiator Robert has announced "more work to do" previously. Trade war can move both way and markets are not expected to turn optimistic and bullish too early before clear signals by officials.. Ascending triangle is seen forming. Equity broke triangle range due to positive company news "of Mellanox Acquisition and Clearance of Crypto Hardware Inventory". Sentiments retreat will lead to the equity to consolidate further before further run. Strong support line is expected to cushion the consolidation before bull continues. Good luck!
NASDAQ:NVDALong
by Iapiew
LASR -LONG base consolidationMaking new highs and higher lows. Nice consolidation along base. Earnings winner. Moving averages splitting open. MACD up. Double bottom. Volatility factor slightly rising, and quietly trending after earnings. Positive fundamentals. I like so many things about this one! Using 10% stop loss from entry for future to better track my results, which is near swing low $19.91 0.2% capital risk Also considering re-entry on $VG after seeing rejection of sell off @ earnings report, watching for now.
NASDAQ:LASRLong
by KAS109