Apple iPhone Event Derivative Plays

Apple's Big iPhone announcement is tomorrow...what I'm expecting is a 5G phone announcement. Two companies that I see as derivative plays are Qorvo and Micron.

Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company offers integrated modules incorporating switches, power amplifiers, filters and duplexers, antenna tuners, RF power management integrated circuits.

Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. Micron management explained at length how the deployment of fifth-generation (5G) wireless networks will be very positive for the companies earnings.

https://www.fool.com/investing/2020/10/09/3-top-5g-stocks-to-buy-right-now/

https://www.cnn.com/2020/10/11/tech/apple-october-iphone-event/index.html

https://www.fool.com/investing/2020/10/09/a-top-5g-stock-to-buy-before-the-year-ends/

I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.