Trade Setup In SMH Semiconductors ETF – Trader Tip Video
In today’s trader tip video, Chris talks about SMH which is the Semiconductor ETF. We are just starting to see technology stocks come back to life, and money is starting to flow back into these gross stocks.
Overall, we are keeping our eyes on this trade setup in SMH. It has a good potential rally of 6 to 7% rally over the next week or so, which has potentially already started. SMH is a very quick trade. We get in, look for the move, and start to scale out as it moves higher.
TO LEARN MORE ABOUT SMH – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.