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Three Chip Stocks Hitting New Highs by FX Empire
投稿日 2020年11月29日 22:27:27 (競馬)
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Technical Chart Analysis by Alan Farley
https://fxempire.com/forecasts/article/three-chip-stocks-hitting-new-highs-685777
PHLX Semiconductor Index has posted fabulous returns so far in 2020, lifting more 40% since the last trading day of 2019. Sadly, many well-known names topped out with broad benchmarks in September and are working off overbought technical conditions through trading ranges or lower prices. As an alternative, let’s look at a smaller group that’s hitting new highs as we wrap up the month of November, well-positioned for even higher prices between now into year’s end.
A number of 2020 sector leaders have taken market share from Intel Corp. (INTC), which has fallen from grace after a series of self-inflicted wounds. The Dow component has lost 21% so far this year, in stark contrast with the broad-based SOX index, piling up misfires and delays driven by weak management and poor execution. The old school behemoth has lost significant business to more nimble rivals and could descend into oblivion in 2021.
Source: 競馬予想まとめアンテナ
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