On the Semiconductor Holders (SMH) side up-date... Analysis based on SMH component share weight and price… Once again, not a prediction but advantage points of interest
Any combination of; flat movement on some, large moves down on few OR all components dip just a bit could cause a gap fill for SMH… Close price $41.25 – 12.5% = $36.09 + or – pennies closes the early Oct. gap on the Daily… So, sell the news or unmet expectations/outlook/forecasts for some, sympathy from others… could do it. Don’t get me wrong; some of these look ready to run again:)
*** just Interesting
Lets start with the semiconductor tracking stock SMH SMH D/W/M I/V Charts Semiconductor Holders#msg-2403235 Under100ma now. Falling resistance= recent highs point to the “Top Bbands $43.10… Bbands tightening. $36.00+ / - pennies early Oct. gap, may never see it… BUT::::::::::: On the Weekly; it keeps bumping it’s head onThe200ma, 50ma=$35.50 and rising… Monthly 13ema $37.33 ema’s flow more dramatic than ma’s, so the timing of a drop could make it all line up with the gap. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
SMH Components that COULD force SMH that low
INTC D/W/M I/V Charts 30shareWeight of SMH #msg-2403180Daily; early Oct. gap filled? 200ma$28.29, top bbands and 50ma=$31.26 + or - a penny… Weekly; underThe200ma, resistance?
TXN D/W/M I/V Charts 22shareWeight of SMH #msg-2403143 see week and month chart… No comment.
AMAT D/W/M I/V Charts 13shareWeight of SMH #msg-2403116 No comment
MU D/W/M I/V Charts 9.0shareWeight of SMH #msg-2403062 ***
ATML D/W/M I/V Charts 8.0shareWeight of SMH #msg-2403010 Quick trip long slide or is it done?
ALTR D/W/M I/V Charts 6.0shareWeight of SMH #msg-2402970
ADI D/W/M I/V Charts 6.0shareWeight of SMH #msg-2402928 ***
Higher price medium weight stocks would not need to fall much, making a big difference for the SMH
XLNX D/W/M I/V Charts 5.0shareWeight of SMH #msg-2402896 Weekly, support? Monthly… Hmmmm MXIM D/W/M I/V Charts 5.0shareWeight of SMH #msg-2402864
Get my drift? Anyway…… more
LSI D/W/M I/V Charts 5.0shareWeight of SMH #msg-2402846 ***
LLTC D/W/M I/V Charts 5.0shareWeight of SMH #msg-2402821Big one, medium weight w/a gap… Funny how the Bbands wont give up the ghost for the early Oct. gap and the 300ema
AMD D/W/M I/V Charts 4.0shareWeight of SMH #msg-2402785 VTSS D/W/M I/V Charts 3.0shareWeight of SMH #msg-2402742 *** TER D/W/M I/V Charts 3.0shareWeight of SMH #msg-2402684 NSM D/W/M I/V Charts 3.0shareWeight of SMH #msg-2402651ouch or lets go again? Looks like it was lets go again…now what? KLAC D/W/M I/V Charts 3.0shareWeight of SMH #msg-2402620 radical… Still radical? NVLS D/W/M I/V Charts 2.0shareWeight of SMH #msg-2402581Holy Red % - &$ Batman… Now that was an OUCH! BRCM D/W/M I/V Charts 2.0shareWeight of SMH #msg-2402525 AMKRD/W/M I/V Charts 2.0shareWeight of SMH #msg-2402477 Ok… Now what? SNDK D/W/M I/V Charts 1.0shareWeight of SMH #msg-2402413 Interesting Monthly chart, just split, I’m not sure yet how this affects SMH… SNDK still shows 1 share weight on the web page http://www.nasdaq.com/structuredeq/holdrs_smh.stm
My SMH Charts roadmap... SMH components weight and charts #msg-2403351