Replies to post #26099 on ETF SWING & DAY TRADING

[Torqputty]

SOX support at 475 (chart)

i borrowed this bullish wedge from robert new, i do not use it and do know how reliable they are.

but, it coinsides with sox support at 475, SMH November gap at $34.43, SMH 1year lower trendline and SMH weekly lower bollinger.

SMH bottom target is still $33, but i believe at this juncture $sox-475 will be the first 3 day bounce to daily mid-bollingers $36.75 and/or weekly mid-bollingers $37.41,

SMH at support



SMH 1yr (repost)