chinawildman

Looks bearish...

AMEX:SMH   None
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.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out