And these chip stocks on fire ð¥ January 18, 2024 The Trump pump is back! And these chip stocks on fire ð¥ *sponsored by RadAI Good morning, 360! Hereâs todayâs biggest movers & shakers â be the best prepared trader on the Street! And TWO MORE sweet invitations: 1) Special Invitation to [join Jason Bond 8pm EST TONIGHT (Thursday) HERE]( to see how he is aiming to DOUBLE a $2000 account balance a DOZEN times in 2024.  Donât think he can?  I wouldnât bet against him! 2) ALSO TODAY! Kenny Glick is LIVE again for complimentary training at 10am EST in the [Warlock Room]( ð§ â come learn about the power of VWAP indicators! Yesâ¦this guy! FOCUS LISTð PHUN - Up over 25% in pre as Trump names are in play again after IOWA victory MRAI - Up over 20% in pre after company directors disclose stock purchases TSM - Up over 6% in pre after better than expected earnings, chip stocks make new all-time highs SPOTLIGHTð¡ *sponsored by RadAI Time to Add AI to Your Portfolio RAD AI award-winning tech is transforming digital communications. The AI is trained to tell brands who their customer is and how to best message them. 3X revenue growth. Trusted by Hasbro, MGM, Sweetgreen and 6000+ investors. [Secure your shares.]( Disclosure: This is a paid advertisement for RAD AIâs Regulation CF offering. Please read the offering circular at [invest.radintel.ai]( HOTLISTð¥ PHUN - Up over 25% in pre as Trump names are in play again after IOWA victory Phunware (PHUN) offers an integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. After Donald Trumpâs victory in the Iowa Caucuses over the weekend, former runners such as DWAC and PHUN were up big. Phunware, it seems, had helped develop the official Trump App during the 2020 campaign. The stock was up over 500% on Tuesday before a $7million share offering at $0.08 sent the stock tumbling yesterday. PHUN closed yesterday at $0.1626 after trading over 500 million shares. It traded up over 25% this morning in the pre-market. The $0.20 area is a potential support level and will be important to watch. Above it, targets to the upside are $0.22, $0.23 and then yesterdayâs high at $0.2432. Beyond that, $0.30, $0.35, $0.45 and $0.49 come into play. Below $0.20, there is potential support at $0.18, $0.15, $0.13, $0.10 and a gap to fill at $0.0759. MRAI - Up over 20% in pre after company directors disclose stock purchases Marpai (MRAI) is a technology-driven healthcare payer focused on providing services to the self-insured employer market in the United States and Israel. The company offers ancillary services, such as care management, case management, actuarial services, health savings account administration, bill review and cost containment services. It also develops artificial intelligence and healthcare technology. After the close yesterday, the company reported significant insider stock purchases with the CEO purchasing 1,100,000 shares at an average price of $0.92. The stock has pulled back in recent weeks after a big run in November and traded up over 20% this morning after the insider buys were reported yesterday. The psychologically important $1 area will be an important level to watch. Above it, targets to the upside are $1.10, $1.20, $1.30 and then the after-hours high at $1.43. Beyond that, $2 comes into play. Below $1, there is potential support at $0.9621 and a gap to fill at $0.8450. TSM - Up over 6% in pre after better than expected earnings, chip stocks make new all-time highs Taiwan Semiconductor Manufacturing Company Limited (TSM) manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, the United States, and internationally. The company surprised to the upside with EPADR $1.44 beating $1.37 and sales off $19.62 billion beating the $19.45 billion estimate. The market liked the earnings numbers with TSM trading up over 6% in the pre-market and other semiconductors such as AMD and NVDA making new all-time highs this morning. $108.70 was a breakout area in the pre market and becomes a potential support level. Above it, targets to the upside are $110, and then the pre-market high at $110.81. Beyond that, $115, $120 and $123 come into play. Below $108.70, there is potential support at $108, $106.80, $104.70 and then a gap to fill at $102.95. MARKET NEWS ð° VOTE â
The big wigs over in Davos are discussing the fate of the free world: [Iâm watching it for investment ideas, it's no coincidence that AI is a big topic and the chip stocks are on fire](
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