Although selling was quite heavy on Friday, damage was limited to 5% from the recent highs. Much depends on NVDA remaining strong and some help from AMD could help stabilize the SMH $364 is Hourly support. $361 & $352 are Daily Supports Middle Bollinger Band could be tested and bulls will try to hold once again. Local Fibonacci Support sits at $362 level. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
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