$SMH
Getting very coiled back in the old triangle after a break out and very steep, harsh retest after a failed breakout. We held the bottom of the triangle and seem primed to launch of the vwap/volume. If we can springboard back out of the triangle there is an old volume gap from ~$262-272, right above early january highs. a $20 point move could happen quickly
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.