MichaelEugen1

Shaking my head...

Short
NASDAQ:SMH   VanEck Semiconductor ETF
Hey all, I've been calling for a rally these last few weeks, and the rally has occurred; I am now looking to enter short with heavy size tomorrow, 7/29. SMH is my favorite ETF in terms of shorting opportunity- it has made a very clean Wyckoff distribution at the top, and has very little support on the way down. I am incredibly bearish on semiconductors here-I think virtually all semiconductors present solid short opportunities here. I think it likely goes much lower than my price target with time, but I'll reassess when it is lower.
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