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.
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.