Short term downtrend for Apple: -Broke 20MA -Broke 50MA -General weak market for tech sector Aiming to fill a previous gap.
Short term down trend MSFT -Downward momentum -Broke 20MA -Broke 50MA -General weak market for tech sector Will buy when it reach lower prices, company with fundamentals.
Result released with positive guidance, strong demand will continue. Last 2 day with low volume, let it consolidate for a week or 2.
To follow this stock, result was out, decline in profit due to revaluation loss. Price is at a low, the last time that reached this price was Mar'2020 and 2015.
Technical: Strong close at .32 for 5 Aug 2020. Awaiting breakout. Upward momentum is strong.
Overall: 1.Semicon themed stocks are in play Fundamental: 1.Expected improved company growth and earnings despite COVID-19 2. Management generous in their dividend payout in the past 3. High net margin (30%) Technical: 1. Broke and sitting at resistance of $1. 2. Uptrend for both 50MA and 20MA