InvestorsHub Logo
Followers 45
Posts 1637
Boards Moderated 1
Alias Born 10/13/2009

Re: None

Tuesday, 02/27/2018 1:06:41 PM

Tuesday, February 27, 2018 1:06:41 PM

Post# of 7841
Nasty Topping Tail On The Semiconductor ETF $SMH

Shares of the semiconductor ETF $SMH surged in early trading, only to reverse in dramatic fashion, going negative on the day. The early surge made a new all-time high but the reversal is an ugly topping tail, a likely major top signal. Investors should watch where the $SMH closes today to see if it holds the topping tail. If it does, the SMH is a stone cold short.




Gareth Soloway
InTheMoneyStocks