I like the long position here going into earnings for these 3 reaaons..
1.Bottom of channel
2.price is lower now than after last earnings (means earnings might not be priced in)
3. SMH ETF looks good and has also found support
Target prices are green lines
1.Bottom of channel
2.price is lower now than after last earnings (means earnings might not be priced in)
3. SMH ETF looks good and has also found support
Target prices are green lines
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.