Read some of these articles to have a background knowledge
here .
here,
here
here
On a simpler note, we are aware that the global economy is becoming more digitalised, though not moving at same velocity and growth. The chips are the "heart' of what goes into many things that are used in our daily lives , whether we are aware of them or not - from smart phones, data centres, military equipment, computers, etc.
What are the global players like TSMC and ASML charts telling us ? So, the SMH ETF is not doing too bad either if you are not good at picking up individual stocks.
The black dotted line shows all 3 have broke out from their bearish trend and are moving up higher weeks after weeks.
Please DYODD and all the best to your investment!
here .
here,
here
here
On a simpler note, we are aware that the global economy is becoming more digitalised, though not moving at same velocity and growth. The chips are the "heart' of what goes into many things that are used in our daily lives , whether we are aware of them or not - from smart phones, data centres, military equipment, computers, etc.
What are the global players like TSMC and ASML charts telling us ? So, the SMH ETF is not doing too bad either if you are not good at picking up individual stocks.
The black dotted line shows all 3 have broke out from their bearish trend and are moving up higher weeks after weeks.
Please DYODD and all the best to your investment!
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.
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.