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ContraryTrader

SMH (NVDA,AMD,Chips)

Short
VanEck Semiconductor ETF (NASDAQ:SMH)  
ContraryTrader  
NASDAQ:SMH   VanEck Semiconductor ETF
Support and Resistance Trend Lines Fibonacci
3
6
supportandresistance trendline fibonacci
Wed- rejected at resistance

Thursday- Gap down to fib support

Friday - Gapped back up to resistance today and got rejected

Its coming down too, they (MM) are just using a sector to prop things up today. Once we break back below 181, things will flush quickly.

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