Support approaching for REC silicon. Identified support area around 10 NOK could see rec going for primary wave 3 to potential targets of possibly 70 NOK in this coming bullrun, if not higher.
Following the second run-up a consolidation phase is underway. Many catalysts in the medium term will set this up for the next run.
With tech stock P/E valuations going in to triple digits (Looking at you TSLA). How can company like Intel be so hated and overlooked here? It's undervalued both fundamentally and technically. Sure the company is going trough a bit of a rough patch, but c'mon P/E at 10 for a triple A tech company. I mean It's as simple as it gets, buy LOW sell HIGH. And this is as...
$SIMO broke out of cup with handle base with buy point of $47.35. RSI broke the resistance as well. The volume is super If you find my charts useful, please leave me " like". thx
A few weeks ago, I published a short-term NVDA play that worked out very well - riding the run-up to earnings, targetting $245 (and failing that, sell it right before market close on earnings day). Profits on at-the-money June calls were 100%+ As expected, they handily beat expectations. The stock price, however, were down the day the next morning. The run-up was...
The recent run up in AAOI stock price is a familiar story if you've been tracking or involved in the company since last year. What was once a glorious shining star from a parabolic blowout, quickly became a bubble of sorts and collapsed. The stock is tainted because of leadership's comments and weak guidance last quarter. The only reason to run the stock up is to...