💡 Amkor Technology ( NASDAQ:AMKR ) joins PHLX Semiconductor Sector Index (SOX), a top 30 US-listed semiconductor player! Q3 sales poised for all-time highs at $1.775B, a robust 22% QoQ surge. Strong balance sheet: $1.2B cash, outpacing $1.13B debt. 📈 Bullish outlook holds firm above $24.00-$25.00, eyeing an upside target of $40.00-$42.00. #AmkorTechnology...
Viewing the curved channel we can see that their is an evident double top formed within it. This will likely break down and break this curve, which is standard for a double top pattern. Bearish
Could the Semiconductor service provider see a resumption in the up trend
Top of my focus list going into the upcoming week. Growth numbers are good, increasing number of funds buying shares, earnings still two weeks away. On a technical basis, a surge in volume took prices thru some key highs and now we're seeing an orderly consolidation with good looking volume patterns. Ideally, we get another volume surge that takes us thru last...
Wave 5 is over. AMKR needs rest . We would wait for Wave A completion to Bull. Good luck
AMKR is showing a really strong upward trend on the daily and weekly chart. Today it has broken its daily resistance $24.92 - $25.74. I'm looking for a continuation of this uptrend. This will be a good Leap for me.
amkr breaking 1/3 local resistance levels today, recently saw a perfect bounce off its strong trendline support. all good signs for longs, we most likely see price targets 1-2 hit in the next few weeks. A all time high break should follow. like and follow for more 💘
A 50M B 102M C 78M 31thDec 6.1M... Elliott Wave Theory, or ABC wave theory, is a term for three-wave counter trend price movement. Here, wave A is the first price wave that is against the trend of the entire market. B wave is a corrective wave for wave A. Wave C shows the final price move to complete the counter trend price move.
You can buy AMKR target 27.04 stop loss 21.18 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
AMKOR again hit all time high, will its go high and higher or otherwise as completing wave 5. let study together
Great run-up to resistance 6 green candles in a row Price well above 200 DMA 5 Month-long base Dividend-paying stock
With SMH set to breakout this may be one to watch. Nice setup with there having been a few touches on the this high already. Like it in the box to fib levels above. No longer interested below the box.
$AMKR breakout pullback setup. That 50 day MA is conversing with most recent breakout pivot. A high probability PB trade setup.
ENTRY: 24.30 SL: 22 TP1: 26.07 TP2: 27.50 - ADX<25. Would like to be higher. - RSI<65 but >50. Uptrend still intact. - RS +ve - FFI +ve - MAs aligned
BUY ENTRY: 23.53 USD TARGET: 26.10 USD (+11%) STOP: 22.33 USD 1.) rejection at the uptrend support level. uptrend continuation. 2.) retest of the resistance level expected 3.) For the past year, the analysts have regularly revised their sales expectations for the company upwards. 4.) The company has enjoyed very extensive upward revisions over the past 4...
If you love triangle breakouts, you will love this setup.
I see further upside for this stock. Looking into call options.