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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (86605)3/10/2021 10:24:05 AM
From: The Ox1 Recommendation

Recommended By
Sam

  Read Replies (2) | Respond to of 95616
 
It will be interesting to see the pattern develop further. Will we roll back down into more consolidation and declines or will there be a basing process?

I'm not sure we can expect new highs right away but I think they could be in the cards after the next round of earnings. The IC Insights estimates and views like this are probably one of the reasons these stocks have retreated. If the 4th quarter of 2021 is flat, yoy, then that will cause concern from the analysts as we approach the 2nd half of this year.

Probably way too early for them to have a solid read on the 4th quarter at this stage.