$SLAB Pullback Setup$SLAB has similar look to $WING also setting a pullback buy setup post earning gap up.
SLAB trade ideas
$SLAB (72%-100%)Yes in this bear market im going to go long on the semiconductor space
the reasoning demand going to blow up soon in my global markets flow chart thats why
NB IF PRICE DECLINES TO $101.00 im buying more cause that will mean a 100% growth
SENNA SEASON
SLAB: Fractal PerfectionClear accumulation to markup indicated by bullish stacked MA's. Ideal entry would be at the AVWAP from ATH, is showing a clear pattern of higher lows on the right side of a inverse head and shoulders pattern. Notice how each inverse head and shoulder basing pattern is made up of smaller inverse head and shoulders.
SLAB 2021-12-30SLAB sitting right under an interesting pivot.
I like the large volume bars for the power earnings gap and consolidation.
Calls over 211.15 targeting 224.77 and above.
$SLAB / LongTHESIS
MARKET
NASDAQ in a confirmed uptrend, price above a rising 30W MA.
5 and 10 day breadth ratios above 1 suggesting demand in control.
12 week breadth ratio 0.78 but improving suggesting market in transition.
$VXN below 30.
STOCK
BULLISH STRUCTURE
Price above a rising 30W MA.
RS above the zero line, trending up and near ATHs.
Price moved 56% before consolidating.
Consolidation is 29 bars in length (almost 6 weeks).
Price above the 50 SMA.
The total correction from ATH was 11%.
Price showing VCP characteristics with most recent pivot at 3%.
Price has now formed a VCP BO.
Price above its ATR zero line.
The last 3 bars have been tight with narrowish range real bodies. Price has also drifted down.
Volume has contracted with 6 blue dots in the last 7 days.
BEARISH STRUCTURE
No significant bars within the base suggesting no strong institutional bid yet.
LAST 3 BARS
3x tight 'B' bars
2x blue dots
ENTRY
Full position
SHORT SLAB about 15+% returnschannel trade near top extremally overbought this is likely a safe short term short i would not be opposed to holding the company long term however
SLAB cup and handle breakoutNot an expert
SLAB appears to be breaking out of a cup and handle formation.
Please see the chart below with targets and data.
Input is appreciated
Double BottomEarnings 5-5 BMO.
A double bottom can make a statement but double bottoms can become triple bottoms. This one seems to be on it's way up.
Long entry level is a break of the leg down with an uptrend.
Not a recommendation.
The man who asks a question may be a fool for a minute, the man who does not ask is a fool for life.
Silicon Laboratories Inc., a fabless semiconductor company, provides mixed-signal integrated circuits (ICs) in the United States, China, and internationally. The company offers microcontrollers and wireless products, including 8-bit mixed-signal and ultra-low-power 32-bit microcontrollers (MCU); wireless MCU connectivity solutions; single and multi-protocol system-on-chip (SoC) devices and modules; wireless protocols, MCUs, and SoCs; in-house protocol stacks; Micrium, a real-time operating system that helps simplify software development for IoT developers.It also provides sensor products comprising optical, relative humidity/temperature, and hall effect magnetic sensors; timing devices; multi-channel isolators, isolated drivers, isolated power converters, and mixed-signal devices; broadcast products, which include single-chip hybrid TV tuners and digital video demodulators, as well as AM/FM, HD radio, and DAB/DAB+ receivers; and hybrid software defined radio tuners, data receivers, and digital radio coprocessors. In addition, the company offers ProSLIC, a subscriber line interface circuits for voice over IP; ISOmodem embedded modems; and Power over Ethernet power source equipment and powered device ICs. It primarily markets its products to Internet of Things, Internet infrastructure, industrial automation, consumer, and automotive markets through direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.
Support BounceLook for entry on way up. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful.
---Ideas are not investment advice
$SLAB high volatility pull back within uptrend to support1) Price has pulled back into a validated trend line
2) This level also coincides with the highs made in late April that price later broke out through convincingly
3) Price has gone through lower bollinger which is typical of the high volatility pull back that most uptrends experience
4) Volume on the most recent trading day remained exceptionally low indicating the potential to fade the sell down
5) Price remains above the 100 day SMA and the 100 day remains above the 200 day SMA which is a bullish configuration
As always DYOR
