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StockPickingEnthusiast

SHORT SMH - SemiConductors are a great short here.

Short
StockPickingEnthusiast Updated   
AMEX:SMH   None
Trend Analysis Chart Patterns SMH semis
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trendanalysis chartpattern smh semis
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
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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.
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