ricomister

XPER Long-Term and Short-Term Trading Opportunity 1

Long
ricomister Updated   
NASDAQ:XPER   None
expect XPER to increase in value to around 19.15+- dollars in 1-5 days+-, expect XPER to increase in value to around 22.00+- dollars in 11 months or so.

I have opened a position at 18.25, position size is 1500 shares.

I have set up 2 take profits, one at 19.15+- for 1000 shares, the other one is a short-term investing goal to sell 500 shares around 22+- dollars per share.

Stop Loss is around 17.00+- (will be adjusted accordingly, this is just a rough stop loss).

The company share value is very undervalued, the company has been hit by the semi-conductor supply shortage of 2020&2021, a supply shortage which we will start seeing to end in 2022.

The share value is very low, most analysts predict a 20-30% increase at least from this point.

The fundamentals look good if one views it roughly in an obvious way.

Technicals are not bad either, but not as great as fundamentals...

Strict Stop loss is in place, to prevent further losses as the market as a whole can continue to go down because of US fed hikes going to be more aggressive etc.
Comment:
sold 1000 shares at $18.85, did not want to wait for $19.15, want to stay mostly in cash, this is a volatile share, but I could have been a bit impatient.

still have 500 shares in play for longer-term. take profit is set for $22.00+-

Adjusted stop loss to $18.30

proof:
drive.google.co...lVU8QXCijA/view?usp=sharin...
Trade closed: stop reached
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