SMH Breakout Retest of 313, needs confirmation . Failure expect a move back in the box to the 300 zone.
Given the bullish seasonality and technical confluence (MACD cross and RSI uptick), bias is to the upside with $325 and $332 price targets.
I'm long JAN $315 Calls, 30% stop.
Given the bullish seasonality and technical confluence (MACD cross and RSI uptick), bias is to the upside with $325 and $332 price targets.
I'm long JAN $315 Calls, 30% stop.
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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.