UnknownUnicorn540299

Semiconductor resistance

Short
NASDAQ:SOX   Philadelphia Semiconductor Index
Semiconductors have been raging. Their rage is close to an end. They have reached a significant resistance level and should be due for a sharp drop.
Comment:
Semis met resistance target and have started reversal
Comment:
They dropped about 5 % at the resistance zone. They will reach lower levels.Might be a short term bounce back before they start reaching lower, but this is not compulsory. That will be a nice place to add short.
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