novamatic

SMH $350 by Decmber 2025

Long
novamatic Updated   
BATS:SMH   VanEck Semiconductor ETF
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!
Comment:
you can also see projected RSI fast/slow lines in the orange box.
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