jangseohee
Short

Two bearish pattern in 2 weeks

AMEX:SMH   VANECK VECTORS SEMICONDUCTOR ETF
9 0 1
SMH             ETF has been on cloud 9 since 2012
Until recently on 8 Sept the emerging of Shooting Star .
after ten days the high of the shooting star was tested twice but fail with a bearish engulfing pattern formed.
MACD indicator support the fact that bearish engulfing complement the shooting star .
My short order position and stop loss are shown.
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