Target 120Following daily chart and got a long signal today.
It's also in powerful support area of fibonacci level.
TP1 117.6
TP2 120
TP3 116.85
TP4 140.9
TP5 157.70
SL - close under 111 daily candle.
BESI trade ideas
BE Semiconductor Industries NV (BESI)The labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an avoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on
Within a 100K account balance the split on trade & risk management = 1/10% - 1/20% margin as an execution range, to set up an order entry and select a per trade on average, to avoid any drawdown hit regarding to the stop loss & to execute risk on management specifics. Trail stop efforts are a focus of attention to the set up in general when volatile-price-action is involved, mainly because of the usage of an intraday-scalp-position tool on behalf on the trade plan in general
Key indicators on Trade Set Up in general;
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# TREND | TIME FRAME CONDUCTIVE | Daily Time Frame
- General Trend
- Measurement On Session
* Signpost
* Support & Resistance
* Trade Area | Focus & Motion ahead
# POSITION & Risk Reward | 45 Minutes Time Frame
- Measurement On Session
- Flat Top/Bottom
- HH
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
BE Semiconductor Industries NV (BESI): Overall Consensus | Neutral
Besi Ride High on AI Chip Demand Surge: Quarter Targets ExceededBesi ( EURONEXT:BESI ), the Dutch chipmaking parts supplier, has recently surpassed fourth-quarter targets, buoyed by soaring demand for its cutting-edge hybrid bonding technology and AI-enabled computing applications. This surge in demand underscores a broader trend of chipmakers ramping up capacity to meet the insatiable appetite for AI-driven solutions across various industries.
The fourth-quarter performance unveiled by Besi ( EURONEXT:BESI ) has been nothing short of stellar. The company reported a remarkable 30% rise in quarterly orders, amounting to a staggering 166 million euros ($180 million). This surge in orders is primarily attributed to the burgeoning demand for hybrid bonding, a pivotal technology in chip packaging essential for AI applications. Notably, hybrid bonding orders nearly doubled during this period, with a significant portion earmarked for Besi's most advanced systems.
Besi's ( EURONEXT:BESI ) impressive clientele, which includes industry heavyweights like TSMC, Intel, and Samsung, underscores the company's pivotal role in the semiconductor ecosystem. These key players have been increasingly adopting Besi's ( EURONEXT:BESI ) advanced chipmaking tools, further solidifying its position as a frontrunner in the sector.
The positive momentum extended beyond Besi ( EURONEXT:BESI ), with sector giants like Nvidia also posting upbeat results and forecasts. This collective optimism has propelled shares of associated companies, including Tokyo Electron, Aixtron, Infineon, ASML, and ASM International, reflecting the broader bullish sentiment surrounding semiconductor manufacturing.
Looking ahead, Besi ( EURONEXT:BESI ) remains bullish on its prospects, foreseeing further growth in the hybrid bonding market and other advanced packaging technologies. To capitalize on this momentum, the Amsterdam-based company is expanding its footprint beyond China, with strategic investments in Malaysia, Singapore, and Vietnam. This strategic diversification not only mitigates risks associated with geopolitical uncertainties but also aligns with the evolving landscape of semiconductor manufacturing.
Despite the stellar performance, Besi ( EURONEXT:BESI ) remains cautiously optimistic about the near-term outlook. CEO Richard Blickman acknowledged the uncertain trajectory of the recovery in 2024, citing restrained demand for mainstream applications and weakness in automotive end-user markets. However, industry analysts anticipate a rebound in the market between 2024 and 2026, driven by recovery in mainstream assembly and Chinese markets, alongside the burgeoning demand for AI logic, memory applications, and advanced packaging.
In conclusion, Besi's ( EURONEXT:BESI ) exceptional performance in the fourth quarter underscores its resilience and innovation in the dynamic semiconductor industry. With its pioneering technologies and strategic expansion initiatives, Besi ( EURONEXT:BESI ) is poised to capitalize on the burgeoning demand for AI-driven solutions, positioning itself as a key player in shaping the future of chip manufacturing. As the industry braces for a period of recovery and expansion, Besi ( EURONEXT:BESI ) stands at the forefront, driving innovation and powering the next generation of transformative technologies.
BESI for the long run.As we can see on the chart, BESI has been moving within this long-term trend the past few years.
It recently has touched the lower trendline again which has been acting as support for a long time.
By looking at what BESI has done in the past few years and with those 2 trendlines in mind, we can expect BESI to be bullish for the next few years to come until it has reached the top trendline again.
Potential upward move for BESI; entered previous range BESI price broke resistance (now support) and entered in a range where it traded before. Expecting a significant move up, with a potential pause and maybe reverse at the orange resistance level.
BESI again in a bull flag.BE SEMICONDUCTOR INDUSTRIES - Intraday - We look to Buy a break of 64.52 (stop at 61.24)
Daily signals are bullish.
Our short term bias remains positive.
Price action is forming a bullish flag which has a bias to break to the upside.
64.38 has been pivotal.
A break of the recent high at 64.38 should result in a further move higher.
The primary trend remains bullish.
Our profit targets will be 72.42 and 74.42
Resistance: 63.00 / 64.50 / 66.00
Support: 60.00 / 57.50 / 55.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BESI in a bull flag.BE SEMICONDUCTOR INDUSTRIES - 30d expiry - We look to Buy a break of 53.22 (stop at 49.98)
Prices have reacted from 38.46.
Short term bias has turned positive.
Short term momentum is bullish.
53.02 has been pivotal.
A break of bespoke resistance at 53.00, and the move higher is already underway.
Our outlook is bullish.
Our profit targets will be 60.84 and 63.84
Resistance: 53.00 / 55.40 / 59.00
Support: 50.00 / 47.30 / 45.60
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Besi approaching resistance? Besi
Short Term - We look to Sell at 60.02 (stop at 63.16)
Preferred trade is to sell into rallies. We are trading at overbought extremes. Previous support at 60.00 now becomes resistance. There is scope for mild buying at the open but gains should be limited. Trading has been mixed and volatile.
Our profit targets will be 48.54 and 37.98
Resistance: 60.00 / 66.90 / 80.00
Support: 50.00 / 48.00 / 40.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BESI: Moving Averages and Fibonacci Levels BESI - Short Term - We look to Buy at 79.56 (stop at 73.28)
We look to buy dips. We have a 38.2% Fibonacci pullback level of 81.24 from 68.34 to 89.20. The primary trend remains bullish. 50 1day EMA is at 77.00. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 95.06 and 99.50
Resistance: 90.00 / 100.00 / 110.00
Support: 80.00 / 75.00 / 70.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BESI SHS formation and resistance/support levelsBESI SHS formation and resistance/support levels
BESI shows alignment on two fib. retracement levels.
Also forming a SHS pattern marking the end of its bull run.
Expecting lows around €56 before bouncing back to €66.
Then entering the C leg of its ABC correction.
Possible Move down with AEXPossible that BESI has had its run and now is running out of steam along with AEX
Same same but differentDaily projection, A general decline of 60% seems like a good region to accumulate
BESI: positive long term momentum but short term doubtsThe long term trend is positive, but short term perspectives don't explain us which way we will go out. I suppose that the market will chose a way up. The Elliot Wave Oscillator and the Squeeze Momentum both indicate that choosing one way will be with great conviction. Given a solid positive long trend, the way will be up! First of all the recent highs have to be broken.
