Amkor Technology, Inc. (NASDAQ: AMKR)

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, China, Ireland, Japan, Singapore, Taiwan, Thailand, and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer backgrinds, package design, packaging, and test and drop shipment services. Its packages employ wirebond, flip chip, and copper clip interconnect technologies; and leadframe and substrate package carriers are used for various testing services.
Take a look at the 1-year chart of Amkor (NASDAQ: AMKR) with the added notations:

AMKR started a 5-month decline in March that reached a bottom in June. After testing the June low a few times, the stock started a rally that lasted about 3 months. Over the past month or so, the stock has also created a key level of support at $6 (green) Now that the stock appears to be testing that support level again, traders should be able to expect some sort of bounce. However, if the $6 support were to break, lower prices should follow.

The Tale of the Tape: AMKR has a key level of support at $6. A trader could enter a long position at $6 with a stop placed under the level. If the stock were to break below the support a short position could be entered instead.

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Green Plains Inc (NASDAQ: GPRE)

Green Plains Inc. produces, markets, and distributes ethanol in the United States. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet, or dried distillers grains, as well as extracts non-edible corn oil that is used as feedstock for biodiesel, livestock feed additives, rubber substitutes, rust preventatives, inks, textiles, soaps, and insecticides.
Take a look at the 1-year chart of Green (NASDAQ: GPRE) below with my added notations:

Over the past 4 months GPRE has been trending consistently higher, while also forming a nice trend line of support (green). Always remember that any (2) points can start a trend line, but it’s the 3rd test and beyond that confirm its relevance. A pullback to that line will provide trading opportunities, one way or another.

The Tale of the Tape: GPRE has a trend line support to monitor. A long position could be entered on a pullback to the trendline, with a stop placed below the level of entry. A short position could be entered if GPRE were to break below its trendline.