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

Re: None

Tuesday, 09/03/2019 3:42:45 PM

Tuesday, September 03, 2019 3:42:45 PM

Post# of 7845
Nasty Semiconductor Chart Pattern

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