Comments on: Semiconductor Sector Analysis & Trade Ideas 8-20-20

By: dbaldor

dbaldor — Tue, 08 Sep 2020 03:58:29 +0000

Hi Randy, Can you provide an update on where we are with SOXX given the recent decline in the market at the end of last of week?

By: rsotc

rsotc — Fri, 21 Aug 2020 18:42:34 +0000

In reply to jon@jongolnik.com. Sure. Here's my daily chart of SOXS with some potential, but rough, swing targets. Always best to use the charts of SOXX to hone in on the entry & exit points as the charts of SOXS & SOXL came become distorted over time due to the decay from the 3x leverage coupled with the above-average volatility of the semiconductor stocks. SOXS & SOXL track the same index as SOXX but not XSD or SMH.

By: rsotc

rsotc — Fri, 21 Aug 2020 18:36:38 +0000

In reply to mSquare. @Ari512 is correct, TSM was covered right after INTC starting around the 16-minute mark but here is my daily chart with some levels. TSM sell signal to come on a solid break below the 76.85 support, whether or not it has one more thrust up to put in a divergent high first or not.

By: Ari512

Ari512 — Thu, 20 Aug 2020 23:37:52 +0000

In reply to mSquare. TSM is in the video right after intel and invidia

By: mSquare

mSquare — Thu, 20 Aug 2020 19:11:18 +0000

Randy @rsotc, Could you please add a chart of TSM - the huge $380B market-cap Taiwanese contract manufacturer...

By: jon@jongolnik.com

jon@jongolnik.com — Thu, 20 Aug 2020 18:29:37 +0000

Hi, Randy. Excellent coverage of the semis. I didn’t see the inverse ETFs in this video. Might you cover those later? Many thanks.