German chips for a nice future

16 ene 2020

Recently we have a good outlook for chips globally, we saw TSMC perfoming pretty good today so i was looking for another good oportunity and found Infineon to be a nice choice. They have a good Portfolio with chips for AI, Cars and post quantum Cryptography so there is a good market for this.
On the Chart i see a small dip which could provide us a save entry and a bigger Gap, which could lead to great profit if we fill it soon (not so save entry).

So i'll buy some 10% at market now (just in case) , another 40% at the bottom of the small gap and another 50% at the bottom of the big gap, which i would sell at the top and hold the rest for long term.

Cheers

16 ene 2020

Nota

1. Gap Entry is inn :) 50% of the planed capital is deployed.

9 feb 2020

Nota

First buy entry was reached fast, followed by target so quick trade good profits. Second entry reached which was in loss recently. Stop loss not triggered for few cents, now back to . entry waiting to reach target again ;)

14 feb 2020

Nota

And second target reached too, this trade was very profitable