Off your game?

Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

Short-Sale Set Up - Recent Semiconductor SS Set-ups - Some Guidance

Note that all four of the semiconductor short-sale set-ups we've seen trigger in recent days and which we've reported on previously are moving lower. As they approach prior lows or key moving averages watch for cover points to emerge. AMAT has burst through the 50-dma and is now approacyhing two key lows in the pattern (green dotted lines). KLAC is at the 50-day line, while LRCX has broken below the 50-day line and the prior December low. QCOM is hovering at the 50-dma and the prior December low. These are key levels to watch for U&Rs or MAU&Rs which would trigger final cover/profit-taking signals. In most cases, I am anticipating the moves lower as they approach these levels as at least partial cover points.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy