gvoommen
Short

Semiconductor ETF (SMH) - Bubble

AMEX:SMH   VANECK VECTORS ETF TRUST SEMICONDUCTOR ETF
During all technology bubble manias, the semiconductor industry is the first one to go up. As you can see from the above chart, during the dot.com bubble the semiconductor industry went all the way up, until its grand fall where it lost about 89% of its value.

As history repeats itself, in 2018, the semiconductor industry went all the way up and is now showing serious signs of collapse.

I use the Stochastic RSI indicator ( Stoch RSI ) for all my entry and exit positions when I trade the Direxion Daily Semicondct Bear 3X ETF ( SOXS ) which is an inverse ETF .

Safe trading.




The price action on this chart looks like a B-Wave top that finished in an ending diagonal triangle that has broken out to the down-side and is targeting $14.5...
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out