Semiconductor resistance
Updated
Semiconductors have been raging. Their rage is close to an end. They have reached a significant resistance level and should be due for a sharp drop.
Comment
Semis met resistance target and have started reversalComment
They dropped about 5 % at the resistance zone. They will reach lower levels.Might be a short term bounce back before they start reaching lower, but this is not compulsory. That will be a nice place to add short.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.