Looks bearish...

Looking like a three drives in a rising wedge that's about to complete wave B of a flat. haven't looked at this thing in awhile and was surprised it managed to make a new high recently. Momentum slowing down like early last yr as well... Always a change this is a leading diagonal but I just don't see it.
13.37% of SMH is TSM, they report earnings tomorrow. Talk about an overbloated parabolic PoS, look at TSM....

But who knows, maybe they beat and it throws an exhaustion gap.
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