tradepatiently

SMH Entry, Volume, Target, Stop

Long
tradepatiently Updated   
NASDAQ:SMH   VanEck Semiconductor ETF
Entry: when price clears 151.71
Volume: with daily volume greater than 13.30M
Target: 167 area
Stop: Depending on your risk tolerance; 146.62 gets you 3/1 Risk/Reward.

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comment:
Got price, without volume. If you did/do take this trade, use tight stops. I have not started a position.
Comment:
Might go without me, but without volume I'll take my chances. Stocks without buyers have a hard time going up.
Comment:
No volume, no entry - I'll wait for the next setup.
Order cancelled:
Will wait for the next opportunity.

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