AI
Tuesday, September 03, 2019 3:42:45 PM
The semiconductor ETF (SMH) has one of the nastiest bear flag consolidation patterns I have seen in years. This is signaling an extreme sell on the index and does not bode well for the stock market overall. Look for the semi’s to break lower in the coming weeks with a downside ultimate target of $95.00. Please note the stock chart below for the swing trade setup.
Gareth Soloway
InTHeMoneyStocks
Recent SMH News
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