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StockPickingEnthusiast

Short SMH - Blow off top?

Short
StockPickingEnthusiast Updated   
AMEX:SMH   None
Trend Analysis Chart Patterns Beyond Technical Analysis short SMH semiconductors
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trendanalysis chartpattern beyondta short smh semiconductors
Just a hunch but especially since the tariff's from this week didn't go into effect and now China is pushing back again - speculation could begin that Trump bring those tariffs back into the conversation if China doesn't move on their promises... Plus inventory should be ridiculously high for most of the semis.

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SMH
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Looking for SMH to bounce off of either the $120 or $115-$117 area. Just a hypothesis. I'm short TSM.
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