INTRADAY! $AMD DAY TRADE PUTS? P'rice action near resistance in intraday trend.
P'T : 118 (Red Box)
Daily Chart
- Near ATH
- Overbought
Semiconductor
$NVDA: Scoop There It Is ⤴️Recent political environments regarding Taiwan Semiconductors have highlighted the world's economy's need to wain from the dominance of TSM in the semiconductor manufacturing process, I think a great deal of money is going to come into NVDA both private and government as the US seeks to retain harmony with political rivals. This could greatly benefit Nivida's market cap, the stock has also shown how effectively it can move in massive cycle's so timing a perfect entry could be difficult through this range, but try scaling in and keeping your cost basis as low as you can.
EMAN 2023EMAN should "in theory" act as MVIS did during is run up. Looking for a test of the spring in the next few months or a continuation of the chart below
Trading Idea - #TSM - The Semiconductor LeaderBUY the BULL FLAG!
Entry: 121.80 USD
Target: 180.00 USD (47% profit)
Stop: 93.50 USD
- Taiwan Semiconductor Manufacturing Co., Ltd. is mainly engaged in the manufacture and sale of integrated circuits and semiconductor products. The company sells its products worldwide and is considered the market leader in the industry.
- TSM's financial situation is excellent, which gives it considerable investment capacity.
- TSMC negotiates with manufacturers of materials and manufacturers of machines for semiconductor manufacturing with the aim of lowering prices by 15 percent in order to increase their own profitability.
- The prices for electronic devices in which semiconductors are installed have risen by up to 20 percent in the last few months. One reason for this is delivery bottlenecks and the simultaneous increase in demand.
- From a technical chart point of view, a bullish flag could emerge. The resulting price target results from the length of the flagpole.
$KLIC $KLIC BOOM!?: Running w/ the semisSMH hitting a nice pivot today, most names look like they have blue sky territory like NVDA, MXL, ASML and now possibly KLIC? Sitting in the mid cap range, the market could see this semiconductor as the sweet spot given the Fed rate environment
$ON very tradable 9pretty chart, bullish trade for next week. Semis will likely follow $NVDA if it breaks ATH
TRT an Undervalued Semiconductor ProducerTRT's stock price has fallen in value from a yearly high of $7.50 to a $4.30 to $4.55
demand zone.
Trio-Tech has relatively strong finances when benchmarking this semi-conductor company at the 79th percentile within the semiconductor industry. This is a company that has been impacted by the economic slump created by COVID-19 and the China-United States trade war
imposed by the 45th U.S. president, Donald J. Trump, in 2019 due to TRT's operations within Southeast Asia to include China, Thailand, Malaysia, and Singapore. Despite these factors, TRT has maintained profitability as demand for semiconductors continues to surge during
the current shortage that had dampened the auto industry and continues to negatively
affect personal computers, smartphones, and other hardware.
TRT's stock price moves on an average of $0.36 cents in a day for 2021 with an average volume of
94,000. The fair value is calculated to be at $6.84/per share of TRT, much higher than the current price making TRT an attractive option for value investors.
AMD - Daily - Is Fibonacci really accountable???AMD chart, price advance beginning day to the sectional high, Fibonacci retracement calculation. Is this accountable?
TARGET HIT $ON @ 43.61 for 20..01% Profit in 47 daysTARGET HIT $ON @ 43.61 for 20..01% Profit in 47 days
Woooot!! I'll take it 💃🏻
BOE Released its Performance Forecast: Profits Might be IncreaseBOE expects to achieve a net profit of CNY 12.5 billion to CNY 12.7 billion in the first half of 2021, with a year-on-year growth of 1001% to 1018%.
On July 13, BOE Technology Group Co., Ltd. (BOE) released its 2021 semi-annual performance forecast. According to the announcement, the basic earnings per share are expected to be about CNY 0.355 to CNY 0.361, 13 times higher than that of CNY 0.026 apiece in the same period of 2020.
The announcement shows that BOE's good performance is attributed to the global semiconductor display industry's prosperity, with stronger demand and rising prices caused by the shortage of raw materials. Meanwhile, the company's mature production lines will maximize production and sales, maintaining a leading position in the LCD mainstream application market, improving profitability and the product mix.
According to BOE's 2020 financial report, the annual revenue was CNY 135.55 bn, with an increase of 16.80% year-on-year; the net profit was CNY 5.04 bn, reporting growth of 162.46%. Furthermore, the company achieved a net operating cash flow of about CNY 39.25 bn, with cash on hand of approximately CNY 73.69 bn. During the same period, BOE's overall display shipments ranked first globally, including five major application fields such as smartphones, tablets, laptops, monitors and TVs.
In addition, based on the forecast data of Sigmaintell, the firm will still rank first in the world in terms of display shipments in the five application areas of smartphones, tablets, laptops, monitors and TVs. And the market share of automotive display panels over 8 inches will also continue to remain the world's first.
Omdia, a technology research firm, predicted that BOE, TCL CSOT and HKC would become the top three global panel production capacities, accounting for 25.3%, 17.2% and 10.3% respectively.
Mi Ribbon Turn GreenFirst time trend reversal resist at EMA 200
Now 2nd time to challenge EMA 200 will have higher chance to breakout and tech sentiment very bullish
Ribbon Turn Green + Fast Turtle Buy
FiFT +ve
Retail Reducing
QCOM Qualcomm (long)Danger line, (red slashes)
the price should not drop from this line
it would not be good.
Any close above $135
means QCOM Still bullish
To me the goal is at $147
If you want to trade my recommendation is, in short term
buy at $133 sell at $ 140.5
invest at your risk trading is not probability, it is not certainty but possibilities
You can loose money. Times now are very risky for traders
Good luck
Charlie
Nordic Semiconductor $NOD gets BUY (200) from DeutcheIf the stock breaks through 50 day SMA it looks like it could start a nice bullish movement
A great buy and holdTexas Instruments is a semi conductor manufacturer that appears to have attractive growth prospects within the forecasted high growth semi conductor sector or investment theme.
Stats
The average free cash flow over the last 10 years is 29.9% with an annual dividend yield of 2.27%.
Growth in annual revenue over the last 10 years has been modest.
On average total operating expenses has seen a modest declined since 2006.
As the revenue has grown and operating expenses has declined, the margins at face value has increased. One can see this by the growth in annual gross profit.
What about the debt?
long-term debt to total assets ratio is at 0.34 or 34%. The standard debt to asset ratio is 0.37% which means that most of the debt is long term debt. The effective interest on the total debt is less than 3%. So no real problem or red flags there.
The company is however taking on more debt compared to its historical position. This isn't necessarily a bad thing provided that it is well managed and reinvested into the company. I don't like companies that take on more debt and pay high dividend yields. That's just a personal view.
With regards to the price per share. The company may be trading at a fair value based on traditional metrics and on some metrics such as price to book, it looks expensive. With a 5 year view, i think the company could be in a really good position to continue to grow its revenue particularly if you reinvest the dividends over time.
The trading signals on the weekly chart show mixed results. The Demarker and Stochastic Momentum Indicator suggest that the price may need to consolidate for a while or even retrace before it sees another upward leg. The Stochastic Relative Strength Index shows that the price may increase in the short term, however, this may be suggesting that the price may break through the 185 or 190 mark before retracing to the 160 area. This is all short term guesses.
The question is, should one buy and hold at the current price or wait for a retracement? My feeling is that it shouldn't matter to much if you are looking to hold the company for the next 5 years or more.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Photronic Future Projection and DD over the coming ~3 monthsI project an increase in the stock price of NASDAQ:PLAB due to:
Increase in revenue since the last quarter.
Commitment to Chinese and Taiwanese production plants that have a solid backing of governmental support.
New technologies within the industry combined with a solid demand that wont decrease and the mono-product nature of Photronic.
Demand for smartphones and similar products have increased in the last quarter of 2020 and the first quarter of 2021.
Internally the company believes that the industry-wide stocks is oversold, as told in their 'Photronics Q1 - FY21 Earnings' web-conference available on their website.
The lack of supply of their product market-wide has made possible for the first time in 35 years an increase in main-stream pricing of their product, as shared in the same conference at the 40 minute mark.
Available on the website is also two videos, hosted on YouTube, discussing two of their most recent production plants in China. But the low view-count (500) tells me they are videos made for investment meetings and similar meetings and therefore the company itself are making big steps to increase their production and gain governmental and private support.
As far as indicators go:
The MACD is below 0 and looks to move over the signal line and over the 0 line again.
The Ichimoku cloud has a red cloud within the near future but I project that it will quickly close and return to a green cloud.
The RSI is below the mid line and the current situation is reflected in past movements of the RSI.
As far as fundamentals go:
The support and resistance of the stock has had incremental increases since the start of the quarter.
The revenue movement compared to last years Q1 is only -2%, which is a market situation that doesn't reflect most other industries as many are still recovering from the effects of Covid-19.
As far as the only negative I can find in this DD is that the CEO of the company sold a fifth of his personal stocks for an undervalued price of around 11$ at the turn of the year. It could be personal reasons or a need for more capital in the company could have necessitated this sell of, but in any case its the only point I cannot fully explain or reason, but that may also be down to a lack of experience on my own part. If you have any thoughts on this please share.
Personally, I have an alert set for the crossing of the Ichimoku Conversion line up and over the Ichimoku Base Line to indicate a value increase that could projectically rise and stay risen at least temporarily over the next month or two.
Thank you, and please, if you have any other thoughts or counter-points make sure to share them so I may discuss this symbol with you.
NXPI - trade idea if NXPI can hold the trend the line on the 1 HR I believe it will continue to push higher however it does have some bearish indicators such as decreasing momentum and a bearish cross on MACD. if it fails to hold the trend line I believe it can drop to the nearest resistance. the 4 hr looking somewhat bearish but the 1 day looks bullish overall.
*NXPI Is being added to SP500...can cause short term pop.
In summation, bullish very long term, possibly bullish short term only if we hold the trend line. If not, bearish short term, going to wait the first hour or so to see which direction we take.
as always do your own analysis before placing any trade
this is for education purpose only and is not investment advice.
AMD update: potential path based on technical analysisNo death cross on the daily chart. The stock has significant support at the $73.90 level. Most recent resistance at the $87.10 level.
4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment.
We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be choppy, be careful. There could be some chop while the chip shortage is resolved and the tech sell-off finishes, but this should be a good medium-term trade/investment to start building a position in.
Buy under $80.
Price Target $100-115
Stop Loss $70.
WATT Potential Over-Correction BreakoutWATT (Energous Corp.) Identifying the primary breakout levels indicates a high probability for a breakout event beginning on 21/3/8. WATT has had two prior breakout events at the 3.80 level, first on a descending trend and second on an ascending trend, with a high peaks realized following descending trend lines (Over-Correction). The current scenario is occurring on a descending trend line at the point of uptrend reversal. Other factors include the ongoing market correction that caused a steep down trend to occur last week. This increases the probability for an over-correction up to approximately 4.33 (+/-) in the up trend.
Full disclosure, I currently have no position in WATT so this projection just my unbiased opinion of a probable movement, based solely on previous performance.
KLSE - Battle of the Semiconductors
For some reason, we're not able to show the Laggard boxes, here's the screenshot
We charted the percentage gain since 1st January 2020 till today for leader and laggard stocks of Semiconductor sector based on iSaham.my. We also include the Market Vectors Semiconductor ETF (SMH) and KLCI index as sentiment reference. We also use Simply Wall St to get the Fair Value of the stock.
Here’s what we picked
Leader
INARI
MPI
VITROX
GREATEC
UNISEM
UWC
FRONTKN
D&O
Laggard
FPGROUP
QES
AEMULUS
GENETEC
VIS
MMSV
Some interesting observations:
FPGROUP and AEMULUS were still undervalued, where as the other peers were overvalued between 24% to massively 3399% - Source Simply Wall St
MMSV is trading at highest PE (107.6x) and lowest traded PE is GENETEC (3.22x) - Source Simply Wall St
MPI has the lowest float (9% @ 19M shares) and largest float is QES (26% @ 217M shares)
Top 3 gainers over 1 year are UWC (633%), GREATEC (538%) and D&O (497%) where top 3 lowest gainers are FPGROUP (34%), MMSV (45%) and QES (142%)
This is not a buy call and never will be. Its just our analysis on how the semiconductor stock movement in KLCI.
Hope you will find it useful.
Legend:
MC = Market Cap
NOSH = Number of Shares
FV = Fair Value
O/V = Overvalue
U/V = Undervalue
Simply Wall St
simplywall.st
Market Vectors Semiconductor ETF (SMH):
www.moneyshow.com
iSaham Semiconductor list:
www.isaham.my
$THBR Wedge Filling Nicely. Look To Retest $12.75 area.$THBR Wedge Filling Nicely. Look To Retest $12.75 area. Any Positive Catalyst's Could Help Break Through To Our Next Leg.
