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hitchcoxg

SMH Vectors Semiconductors Prints a Head and Shoulders.

Short
VanEck Semiconductor ETF (BATS:SMH)  
hitchcoxg Updated   
BATS:SMH   VanEck Semiconductor ETF
Chart Patterns Trend Analysis Technical Indicators Contains IO script
9
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chartpattern trendanalysis indicator containsioscript
After a nice +60% Run from November, a correction is expected, as shown by the Head and Shoulders Pattern.
This shows a possible -10% correction.

As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.

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Regards Graham.
Comment:
Humm. Looks like the Pattern Failed. Possibly NVDA & Micron boosting the sector.
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