There are a number of trends and fibs that are showing SMH could be $350 by December of 2025. Of course, the smaller channel intersects with top of the larger channel right around that time, which would be likely to see a significant pullback.
Thoughts? Questions? Let me know and boost if you like this idea!
Thoughts? Questions? Let me know and boost if you like this idea!
Note
you can also see projected RSI fast/slow lines in the orange box.
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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.