https://sg.finance.yahoo.com/news/semiconductor-rally-faces-apos-collapse-182441248.html
This analyst has put up a very bearish outcome for the semiconductor industry.
This is not surprising as we've stated a gloomy outcome too.
http://sg-stock.blogspot.com/2018/10/the-global-semiconductor-slowdown-is.html
That guy is a perma-bear. If you listened to him, you should be buying shorts & put options every month since 2009 for 10 over years liao. LMAO!!
ReplyDeleteYou need to understand his agenda why he keeps selling bad news. ;)
That analyst may lie but the statistics below won't lie.
ReplyDeletehttps://www.semiconductors.org/global-semiconductor-sales-down-5-7-percent-year-to-year-in-january/
Semis are forming a bullish giant 19-year long cup-and-handle pattern. If it breaks higher, will see another 10-year bull cycle.
ReplyDeleteWe don't rely on technical analysis (TA) per se for our analyses. We always use a holistic approach which consists of fundamental analysis (FA) and TA.
ReplyDeleteUnder FA, there are quantitative and qualitative analyses and both Qs are not optimistic for 2019.