Accumulation Manipulation Distribution

NASDAQ:SMH   VanEck Semiconductor ETF
Ran into this 'AMD' concept on Twitter, never looked at charts as such. Can this SMH Daily chart play out as such? Does it make sense to indicate Accumulation Manipulation and probable Distribution like this, or do we need more for this (?)

Keeping an eye on it this way is harmless. Let's watch and see how it plays out. Always keep learning.


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