$SMH: Run 'Em AgainSemiconductors potentially looking at another leg higher likely to benefit in different types of markets. Names like ACLS, MXL, MRVL and others pushing to new highsLongby Fox_TechnicalsUpdated 0
The sparrow may be small but its vital organs are thereRead news here , about this ETF here and here This is a Chinese idioms - má què suī xiǎo , wǔ zàng jù quán Many finished goods like mobile phones to automobiles looks sleek,elegant and nice from the outside. But like the sparrow, the chips though small contain all the vital organs that drives the function of the mobile phones and the cars. Without it , it is useless. And the article above clearly shows us the global demand for it will only INCREASE over time. For more than a decade since year 2001, this ETF was hoovering under sub 50 dollars price level. It was only in Jan 2015 that it finally breaks out of 50 dollars and the last 6 years has been nothing but spectacular performance. If you had bought it at 50 dollars and hold this ETF till now, you would have made nearly 5x the returns. But had you not, fret not, here is another buying opportunity for you. A bullish engulfing candle and a breakout of the resistance at 243 price level would be a good entry point. Longby dchua1969Updated 2
$qqq and $smh Pretty much the same chart What is the outcome?Will it be options A - Head & Shoulder Top, Option B - Bear flag or Option C - Non of the aboveby shawnsyx680
#SMH and all semi plays#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible Longby Stock_Hustle210
$SMH Bear Flag, Dip & RipSMH has sold off through the median of the pitchfork with more volume than the uptrend (Oct 21 to Nov 21). There is a likelyhood that we are doing "as above, so below" pattern where the price rejects the upper channel, supply exhausts, then comes back down to mirror down below to look for demand. As of now SMH is hammering near the outer channel. I'll be looking for a low volume bear flag where bulls try to drive the price up just beyond the gap fill. Shortly after it'll be key to watch the bears step in and drive price down to 252. After a bit of accumulation, should we continue to stay in this trend (since COVID) I can see the price quickly moving back to the median shortly after options expiration in Feb.by GammaRayGoated5
$SMH demand zoneIn a demand zone, near the 200d ma at 270. Looking for a bounce around there. Calls above 282 for confirmation of a shift in trend. With $TSM ER beat 2 weeks ago and $INTC/$TXN/$LRCX/$XLNX ER runup this week, could be a catalyst for a bounce at these levels. Inverted hammer not looking so pretty though. Longby hyseed0
SMH - Hard Short(Opinion Only) Could be direct move or take a few days, not advice. Just my interpretation of the chart. Shortby StockPickingEnthusiastUpdated 112
SMH/SPYSMH has handedly outperformed the SPY since 2018 but has stalled recently If SMH cannot continue to outperform SPY in 2022 it will be ugly for tech/growthby JortsTrades1
SMH/SPYSemiconductors have significantly outperformed the S&P 500 since 2015 Semiconductors are today's transports Longby JortsTrades1
$SMH Semis Breakout RetestSMH Breakout Retest of 313, needs confirmation . Failure expect a move back in the box to the 300 zone. Given the bullish seasonality and technical confluence (MACD cross and RSI uptick), bias is to the upside with $325 and $332 price targets. I'm long JAN $315 Calls, 30% stop. Longby FriscoTrades1
Semicondoctuctors are the "Transports of the 21st century"Bespoke Research firm says "Prior to the digital revolution that began in the 1990s, the Dow Transports were viewed as a “leading” indicator for the broader stock market. In the digital age, there’s hardly an industry group that doesn’t rely on semiconductors in one way or another. A modern car can easily have more than 3,000 chips. We view the semiconductor group as the “Transports of the 21st century,” making the price action for semis important to monitor." I agree and will be monitoring the SMH/SPY Longby JortsTrades0
SMH............................................. here's SMH for personal notes but if you're seeing this too you're welcome to comment or share your thoughts ^^Longby hngng_anhs0
A Short Semi Window on SMHBreakdown is anything south of 273.89 Question is what saves it - historically 14SMA on weekly has captured it but this has broken down in May 2021. Instead the 30SMA on weekly have been the saver so that would be the clincher. If I was a shorting man - 273.89 is the trigger- then down to 14SMA at 279.57, then 269.72 as next resistance and then finally 30SMA at 266.06. I can see a breakdown but not a major one given the strategic value of Semi at the moment, which is unchangedShortby GenroPen0
Semis leading the way for tech Semiconductors are typically a leading sector for tech. We have a very clear breakout and a extremely bullish trend. I expect QQQ to follow as wellLongby Yogigolf2
SMH Rolling OverCurrently in the Chop zone and likely to continue 300 for the bears to take over, 310 for Bulls to take over. Bias is to the downside with supply issues clogging up the systemShortby GenroPen0
SMHSMH. Potential for a wave 5 continuation. Possible reversal points marked using two methods. 1st - Extended 3rd wave tells me that wave 5 may have a similar run to wave 1. 2nd- Distance travelled through waves 1-3 multiplied by .618. That's the proper way to use the fib on an impulse wave. You don't just measure out directional pulls and expect it to bounce somewhere. That's gambling. It may be a close 50/50, but those odds aren't good enough for me. Longby jjmatsjr0
SMH Doji Star. Chip Sector pullbackChip sector led to a massive rally in the NDX... The biggest holdings in this sector are 1.NVDA 2.ASML 3.AMD. 4.TSM 5.Qcom 6.INTC With the exception of INTC all these stocks are overbought on every indicator. A pullback is to be expected from this sector but I would like to see if this channel breakout is the real or FauxShortby ContraryTrader3
SMH ShortShort on the 4H time frame, momentum is decreasing, gap below, resistance just above, stop above recent pivot. Not investment advice.Shortby leftygolf690
SMH - The TECH MaestrosYou have to laugh, as Retail was piling into the NQ/MNQ @ 71, 75, 82, 88, 90, 92, 95 on the SELL. The BOTS simply waited for the 3:59 arrival to run all those stops at 410 - 420. Usually, they wait until 1 second after 4 and run it vertical @ until 4:02 PM EST. By 4:05 PM EST - a new high off the Ledge @ 15428.50. Ya see, all the Baby Seals were thinking - "Bruh, uh... last time we were at 399 we fell 100 Points, it's probably a good idea to Sell this now... fer sure" - the Problem is, the AIQC knows this... and you see the results. It knows how to read forums in nanoseconds and observe your behaviors, it sees the ENTIRE ORDER BOOK. As odd lots of Micros for MNQ went flying by... it was painful to watch as the clubbing was being set in motion, sad really. It's cheating, but then this entire game is one big cheat. They win, you lose... Someone has to lose... not everyone gets a Trophy. You sell when it is, not until... keep it simple. The sure thing bruh, yeah, naw, it's stacked against you. Why wait when there's fresh blood in the water, the Mako's did not hesitate, chewed to chum bits during a 1 Minute Bar. Baby Seals clubbed again in Semi CONductors of which there is very little Conducting going on or ongoing for that matter. Fires, Water Shortages, Green Agenda... Yada Yada, pick any excuse. There is a shortage of Chips, Globally. Although one would never, apparently never, have a DIRECT Effect upon Price of Said Chippers. NQ to 15517 will only add Insult to Injury. Winsome, lose some - Literally. Chips N' NO Dip: AMAT + .99% MU +.54% AVGO + 1.445% TXN + 1.7% INTC + 1.54% QCOM + 1.83% ASML + 1.62% NVDA + .40% TSM + 1.40% Semi's rocked the Bang Bus after being rocked for weeks on end. AS the VXN dipped into new lows for the Day, it did not matter a Whit... NQ Made new highs after it reversed and closed 28 ticks off the lows... AIQC... it's a Hunter Killer. Sweet Ginger Brown... it's a mess out there, they are entirely desperate to get this up and lickety-split as indicated. What's the Rush? We're going to find out soon enough, and it will not be Good. Here's that word again............ P A T I E N C E - HKby HK_L61Updated 227
SMH AKA SOX TARGET 5 OF 5 OF 3 283/290 Look for an issue at 267.60 after that 270.6 then NO ISSUES TILL 283 TO 290 WAVE 5 OF 5 OF 3 Longby wavetimer111
SMH - Nightmare scenario is pullback to 200wk MA 170 by Spring22(Opinion only) Shortby StockPickingEnthusiastUpdated 0
SMH - Trying To Get Back Into Bullish TerritoryYesterday's break below ~$267.70 puts SMH on track to move lower towards the other side of the lookback periods (ORANGE & RED dotted line) at ~$255-$249. Only a move back above $267.70 puts the bulls in control. Given the way the S&P's are trading and the negative tape at large, I favor shorts in SMH.Shortby AspenTrading0