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Chips

AMD Goes Poof - Stockmarket Crash 2020 - Media Made FOMO - SELL Charts are fun. A clear depiction of what is coming but people choose to ignore. Because..., hopium. The profits were made well in advance of this low volume blow-off top. Media and the massive reach of social media advertising. So fun. Those Tesla and AMD clips travel so far and fast. Best invest, right!? 11 year olds are now.. SELL SELL SELL (Look at the montly RSI at 90: INSANITY) Eject! The constant market pumping needs to stop. It ends bad for 99% and will not help our economy in the long run. It will actual ruin lives. Sad stuff Mr. President.
NASDAQ:AMDShort
by UnknownUnicorn1015917
8
Taiwan Semiconductor guidance crushed Street estimatesI saw a couple articles this morning suggesting that maybe TSM sold off today because forward guidance disappointed Street expectations. That's nonsense. Revenue guidance came in about 7% above expectations, and earnings guidance came in about 15% above Street expectations. This company's guidance crushed it . The stock sold off for one reason only: it is overbought. TSM does look a bit pricey, even with the strong guidance for Q3. Even after factoring in the strong forward guidance, I am calculating forward P/E at about 21 and forward P/S at a little below 8. That's about 20% more expensive in forward P/E terms and 34% more expensive in forward P/S terms than the stock's average valuation over the last three years. In this challenging macroeconomic environment, that seems like an unreasonable valuation. It's a reflection of how inflated tech valuations have gotten due to Fed liquidity and investors piling into tech as a safe haven. Having said that, TSM has an extraordinarily strong growth narrative right now, as the company is set to take over chip production for Apple. Formerly Apple's chips were manufactured by Intel. TSM also makes chips for Qualcomm, among other large companies. Thus, I think TSM will continue to outperform the Nasdaq and is a buy on any significant pullback. Ideally, I'd like to see this stock pull back to the volume node near $53.50 before buying, but in truth I don't see that happening any time soon.
NYSE:TSMLong
by ChristopherCarrollSmith
Trend lines to watch on SOXXSOXX is near its first buy level at the upper blue trend line. I am taking a small position here, and I will triple the position if it reaches the lower blue trend line. SOXX is a great investment to buy and hold for the long term, having pretty consistently outperformed the S&P 500. However, coronavirus is a real concern, because semiconductor companies sell a lot to China and the virus is disrupting that trade. I think there's a good chance this will drop to at least the second trend line.
NASDAQ:SOXXLong
by ChristopherCarrollSmith
German chips for a nice futureRecently we have a good outlook for chips globally, we saw TSMC perfoming pretty good today so i was looking for another good oportunity and found Infineon to be a nice choice. They have a good Portfolio with chips for AI, Cars and post quantum Cryptography so there is a good market for this. On the Chart i see a small dip which could provide us a save entry and a bigger Gap, which could lead to great profit if we fill it soon (not so save entry). So i'll buy some 10% at market now (just in case) , another 40% at the bottom of the small gap and another 50% at the bottom of the big gap, which i would sell at the top and hold the rest for long term. Cheers
XETR:IFXLong
by Simon-Rose
MU strong stock trend in stronger On a yearly performance, MU did better than 77% of other electronic components stocks. Now it is currently trading near its 52 weeks high so it is performing in line with the broader markets. On a mid-term based daily chart, we could see a strong wedge uptrend pattern with momentum, and a few minor pullbacks occurred due to some broader geopolitical impacts such as the trade war and global 5G development uncertainty. But the stock is kept showing higher lows signaling the investors' passion for it. MU is about to consolidate at the 56.8 support level which is lying underneath the price as the chart indicated above. Since the ATR volatility risk has not packed in too much yet at the current high, DMI overall trend indicator is still heading up and bull-side trend strength is still controlling the directional momentum, I would go long with it. My target is simply at the prior all-time high resistant area which is indicated by the red band above the stock price roughly at 60, any pullbacks that break below its bollinger bands middle band could be seen as a stop-loss trigger. Besides, on the order flow side, there were over 2.9 million valued long calls detected from the options chain today with a strike at 60, expire in March.
NASDAQ:MULong
by Khabilan