1KLAC trade ideas
KLA Corp $KLAC clearing its old high$KLAC broke out yesterday. It is cleared both buying point and the pivot resistance. It broke RSI downtrend line too. I would expect higher volume though. Watch for upper trendline resistance.
12 months Consensus Price Target: $180.82
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Thx
KLA Corp $KLACIt just broke out the trendline but RSI remain below the resistance. The volume is below the average. It may pull back test $160.67
KLA Corporation on alert $klacAlert set for move about $163
Oversold potential.
Average analysts estimate $190 | Overweight
Company profile
KLA Corp. engages in the supply of process control and yield management solutions for the semiconductor and related nano-electronics industries. Its products include manufactured chips, reticle, packaging, surface profilers, nanochemical testers, KT pro equipment, and compound semiconductors. The company was founded in April 1997 and is headquartered in Milpitas, CA.
Short KLAC - KLA Corporation - Bearish DivergenceKLA Corporation KLAC.
On the weekly we see strength is lessening and we even see a possible missing right shoulder divergence on the weekly,
so this could be a longer term trade as well.
KLAC Weekly:
This particular trade now focuses on the daily and 4H charts.
The weekly is just shown that is shows the lack of strength, and a declining RSI as well.
Impulse is yellow.
On the daily a bearish divergence is seen, a bit depending on the opening on monday.
Impulse is yellow.
Looking at the 4H chars, we already do have a divergence, and on the daily it will therefore be likely it becomes a nice bearish divergence as well.
on the 4H chart we can see the bearish divergence is already happening and perhaps we are a bit late to the party. Let’s see how the market opens. Impulse is already red here.
The idea is:
Entry: 179.40 / or better
Stoploss: 185.25
Target zone 169-165
R/R Ratio: 1:1,8 to 1:2,5
KLAC in Hyper Speculation ModeKLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
KLAC in CompressionKLAC is in a compression mode after a strong run upward to a new high. The stock is showing some minor Dark Pool Quiet Rotation™ at this price level, but for now the stock is holding the gains.
KLAC Compression Pattern Ahead of Earnings SeasonKLAC has hit a new all-time high and is now in a tight compression, even as Dark Pool Quiet Rotation™ continues.
KLAC posible nivel FiboKLAC presentra una buena entrada para largos.
Entrada en 118.51
TP 156.51
SL 103
Para Opciones en un posible Long vertical Call a 250dias
+1 17jan 155C @0.70
-1 17Jan 160C @0.35
#Bearish structure on $KLAC . #STOCKS #OPTIONS #FUTURES #DOWJONE#STOCKS #OPTIONS #FUTURES #DOWJONES #BITCOIN #BONDS #HARMONIC #DIVERGENCE #BULLISH #OIL #DOLLAR #GOLD #SILVER #COPPER #TLT
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$ES_F $NQ_F
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[KLAC] phase 4 -> Don't buyIf you're thinking in long-term, you'd not buy. The price is below 30MM and yet, we can't see a valid support.
KLAC 1My old friend semiconductors, what a wild ride recently. The unstoppable sector with ridiculous growth rates seems to finally be slowing down. After being hit by the trade war, recent market correction, and the slow painful death of cryptocurrency. Another sector I believe is overly beaten down. Firstly, this another play where I am looking for stocks which have justifiably been hurt by the current global economic status. Semiconductors are currently Wile E Cayote sprinting in mid air about to plummet or turn around a cling for dear life. The entire sector is reliant on very strong Y/Y growth but tensions are high and the number one producer of Smartphones (China, FXI) has entered a bear market (at least in the short term). But even in this iffy climate I see upside. I think current fears are overdone and after LRCX posting excellent results with guidance inline with July reporting I think KLAC rebounds in the short term with higher relative upside compared to the market (QQQ). I am looking to enter KLAC Nov 16 or Dec?? 90/95/100 calls and look to hold for a week (pre earnings profit taking if a run up occurs, or holding a portion of my position through earnings). Will be interesting to see what happens in Semis this quarter.
