VSH | Vishay Intertechnology | BuySomething for the long hold.
Reasons
Technicals:
- Outbreak of range, range should act as support
- Lot of room towards the current ATH 141%
- Buy zone 1 (based on a former S/D level was highly respected, tho potentially further liquidity grabs could happen
- Also S/R Level 1 is a resistance levle that could potentially hold any uptrend down
Fundamentals
- Develops MOSFETS, ICs, Diodes, Rectifiers, Optoelectronics, Resistors, Inducators etc.
- Uses cases for robotics, military, space
- Next Earnings report: 7. August 2024
Targets:
Target 1: Around $34, where i will close 50% of my position, while letting the rest run.
Target 2: Around $51, where the rest of my position will be closed
Good luck
Disclaimer:
- My posts are mostly for my own journaling
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
VSH trade ideas
VISHAY Stock Chart Fibonacci Analysis 020924 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 24/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
VSH trendsFor A
VSH is inbetween two massive trends, one of which comes from the weekly chart implying massive support. You can see this line as the bottom side trend line pointing up, it still has a top side trend to break, but it's not nearly as strong. Between CCRN and VSH, this one stands out more as a bigger possible upside.
VSHVishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay's product innovations, successful acquisition strategy, and `one-stop shop` service have made it a global industry leader.
Check out their video library - www.vishay.com
Next Earnings Date 08/03/21
Analyst Target Prices
HIGH TARGET 32.00
MEAN TARGET 27.40
LOW TARGET 21.00
My Targets
TP: $23.5 - long
TP: $19.5 - short
52-Week Range
$14.60 - $26.50
Short Float
4.83%
Ratings Breakdown * Based on 5 analysts
2 Strong Buy
2 Hold
1 Moderate Sell
** Sharing my opinion for both sides of the trade.
BUY to VISHAY INTERTECHNOLOGY Hello traders, VISHAY INTERTECHNOLOGY is in a bearish fake dynamic with high volume traded and panic then slowdown on the part of buyers. The TIMEFRAME M1 we notice a hammer candle shape accompanied by a buying shadow with a high volume of past sales. It goes in the direction of the last lowest and make a reversal to integrate the comfort zone to fit on the VWAP. And breaking it starts at the top of the zone to test it. Strong possibility of breaking out the price then subsequently the zone and reaching the top which follows. Before test the top of the comfort zone for breakout and go to the top of the bullish channel for test.
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Buy opportunity: VSH is bouncing back on daily chartNYSE:VSH is bouncing on support zone. RSI, MACD and Stochastic RSI are in oversold area. Bullish trend reversal hammer candle formed already.
Entry strategy: wait a bullish candle which cross above 21.60.
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Thank you for your support and may the markets be with you!