Possible semiconductor $SMH deals on the horizon
If the Semiconductor Index 
SMH in chart 1 fails to maintain the bullish order block at 237-246, which currently looks challenging, there's a potential for a countermovement upwards if it reaches the next support level between 214-224
This scenario could present a short term buying opportunity in some semiconductors stocks for those looking to go long
With earnings reports for
ASML, 
AMD, and 
LRCX due within the next 8 days, these stocks could offer strategic entry points for a possible bounce:
-ASML: Bullish order block between $564-$600 (Chart 2)
-AMD: Bullish order block between $93-$102 (Chart 3)
-LRCX: Bullish order block between $57-$64 (Chart 4)
These levels could serve as good opportunities for short-term investments, provided you monitor the market closely after the earnings announcements
If any of these reach the target areas in the next few days, I will provide an update here
SMH in chart 1 fails to maintain the bullish order block at 237-246, which currently looks challenging, there's a potential for a countermovement upwards if it reaches the next support level between 214-224This scenario could present a short term buying opportunity in some semiconductors stocks for those looking to go long
With earnings reports for
ASML, AMD, and LRCX due within the next 8 days, these stocks could offer strategic entry points for a possible bounce:-
ASML: Bullish order block between $564-$600 (Chart 2)-
AMD: Bullish order block between $93-$102 (Chart 3)-
LRCX: Bullish order block between $57-$64 (Chart 4)These levels could serve as good opportunities for short-term investments, provided you monitor the market closely after the earnings announcements
If any of these reach the target areas in the next few days, I will provide an update here
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.