AMD, Nvidia...Stocks To Buy This Month!
Stocks to buy this week!
1. Semiconductor ETF
This Semiconductor ETF is a stock that tracks a bunch of Semiconductor stocks like NVDA 0.00%↑ ,AVGO 0.00%↑ ,AMD 0.00%↑, etc. This is going to be a perfect example of a strategy that I call “sector rotation”. We have the sector ETF that is looking bullish: by breaking the downtrend of the symmetrical triangle the technical analysis is bullish once we break and close above the resistance. Inside the ETF it’s holdings are also looking bullish giving us a very high probability of a breakout for the overall sector.
2. TSM
I put TSM 0.00%↑ first on the list because it is probably the most familiar technical analysis setup when it comes to chart patterns. We have played many ascending triangle setups as mentioned on Discord like recently being our play on Apple & Tesla.
3. NVDA
NVDA 0.00%↑ has been consolidating for couple of months. Recently it broke out of it’s downtrend channel giving us a bullish signal for all time highs.
4. MU
MU 0.00%↑ sitting at a critical level of support at $85. It has been hold this support for the past year. As Semiconductor stocks are looking bullish picking MU 0.00%↑ right at support might not be a bad idea. As long as if it holds this level of support we should be looking good. If the whole Semiconductor ETF runs this will run too filling the gap and hitting $108 in a month.
5. AMD
AMD 0.00%↑ on average moves 10% to the either side on the monthly timeframe. I got 4 calls that I am swinging with a month of time on them. Been consolidating and holding this support for the past 3 weeks. I do think we see 136 lowest in 3-4 weeks.
$AMD 130c 1/31/2025 @ 8.15 x2
AMD 120c 1/31 @ 7.10 x2