Report
Eric Morera

Long Term Elliott Wave View on SMIC

Semiconductor Manufacturing International Corporation (SMIC), listed as 0981.HK on the Hong Kong Stock Exchange, is China’s largest semiconductor foundry and one of the top five globally. Founded in 2000, SMIC specializes in the design and manufacturing of integrated circuits used in various applications including AI, data centers, and consumer electronics. Despite U.S. sanctions impacting its ability to access advanced technology, SMIC has been expanding its capabilities. It is developing a 7-nanometer chips for Huawei before the U.S. tightened export controls in 2022. The company is headquartered in Shanghai with operations in several Chinese cities and maintains a significant role in China’s push for semiconductor self-reliance.
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Elliott Forecast
Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

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Eric Morera

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