Short
SHORT SMH - SemiConductors are a great short here.
Inventories are high for all the companies, this should affect margins. Plus it's hitting its head on resistance right here. Should give some back in a day or two.
SMH
SMHTrade active
Added to my puts. The gains are in for the week I believe. Trade/short at your own risk. I like how it went above the trendline and then immediately went back below it. Seems like a sell the news event, and that's where my money is. I'm short this and BYND meat. I'm only long RIG.Note
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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.