dchua1969

I want to accumulate more of SMH ETF

Long
dchua1969 Updated   
BATS:SMH   VanEck Semiconductor ETF
Looking at the holdings , I will need less bullets to buy into these individual companies especially I had missed BIG TIME on Nvidia.

This war on semiconductor chips will make these companies that are manufacturing them very much valuable down the road. China is squeeze and is forced to build on its own, which will takes time but eventually , I expect China to come up with a more advanced product.

Accumulate on weakness.
Comment:
in case you wonder, Nvidia is the largest holdings in this ETF, so you ride the trend along with other players as well.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.