TRADING TIPS

Do Chips Still Look Good?

Hubert Senters here. Let’s take a look at the Semiconductors. It could be a bunch of different things. Question is ‘’do they still look good?’’ Yeah. Actually most of them do look pretty good. I mean here’s Intel. You can see it’s still on a valid uptrend. Let’s take a look at couple of others. Micron still looks good. Target there, $60.50. Next target is going to be $69.28 and then $74.71. Nvidia not really a chip maker but a graphics card maker. Same basic stuff though. They all look pretty good. Now, obviously they’re going to pull back a little bit if the Nasdaq sells off or falters, these things will pull back a little bit too. But overall they still look really good. Let’s take a look at AMD. AMD, they didn’t look as good as the rest but they’ve always been you know Intel usually smokes them although they do have some really good chips if you build PCs, they still look good. You need to make sure you’re in the ones that are trending up and make sure you use a stop at all times. Good luck. Hope that helps. I’ll see you on the next video. Hubert.  

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