AMD will not disappoint, 93.75 TGT

8 Mei 2021

As I previously mentioned on my SQ analysis, Semis have been hit hard regardless of great earnings. With semis currently oversold, I see semis run up for the next two weeks along with the likes of AMAT, TSM, QCOM, NVDA, ON, and IIVI. AMD beat earnings and has been taking INTC customers for the past 2 years. INTC is in panic mode trying to regain back their market share. AMD server/pc chips are faster and much reliable and cheaper. Semi shortages is an issue but with current earnings handily beat expectations, I don't see this as an issue moving forward as demand outweighs shortages. See EBAY, StockX, and FB markets for GPUs and CPUs. People still buy them at over 200% retail. China, Taiwan, US coming out of Covid pandemic, ramps up chip production in Q2. A bullish Doji on Friday with good volume. Shorts will get squeezed out at 83.52.

10 Mei 2021

Trade aktif

Carefully watch SMH and SOXL price action today. It is important that this gets alot of bids today or its going to be a tough week. I myself will probably close out my semi positions today if I don't see buying volume.