gingerheadtrader

XSD AMEX:XSD Semi's to $75 by New Year

Long
AMEX:XSD   SPDR S&P Semiconductor ETF
Semi's look like they are playing out a nice dip before the next run up. Trading in a nice channel and I've been doing a lot of reading on semi's that has my interest peaked for this holiday season. I'll probably enter this tomorrow with a stop loss in the $62 range. If I do get stopped out, but price re-enters the upward channel shortly thereafter, then I'll reenter.

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