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VanEck Semiconductor ETF

$SMH Semiconductors Etf Tired

392
The run in the SMH has been amazing from the March lows and is now back at the Feb highs,
Tuesday some heavyweights like NVDA AMD & MU started to show some signs that some consolidation is needed.
Momentum, Volume, ACD are beginning to head south.
It may be wise to take some profits in chip\semi stock until the breakout or retrace is complete.
Bullishcharts
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Chart PatternsHarmonic PatternsTrend Analysis

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Chart PatternsHarmonic PatternsTrend Analysis
Bullishcharts
Also on:

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.