$SMH Looking for Gap Fill?
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The semiconductor sector has been on fire since bottoming out at the end of October. In fact, the low to the high in November was just over 21%! Some consolidation of those gains would be healthy.
I am looking for the
SMH ETF to fill the gap from Nov 14th. I am not predicting that it will however, I am thinking that is a good possibility. I have an alert set just above the gap fill. If that triggers, I will be looking for a reversal back up for a long entry. All TBD. 
SOXX is a similar ETF with a similar pattern so whichever one you prefer I think is worth putting on a watchlist.
I ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
I am looking for the
SMH ETF to fill the gap from Nov 14th. I am not predicting that it will however, I am thinking that is a good possibility. I have an alert set just above the gap fill. If that triggers, I will be looking for a reversal back up for a long entry. All TBD. SOXX is a similar ETF with a similar pattern so whichever one you prefer I think is worth putting on a watchlist.I ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
Nota
SMH moving closer to that gap fill... This is now high on my watchlist for a turn higher. I will only open a position on a reversal to the upside.Nota
SMH now has the gap filled and then some. Nothing to say it will turn back here but it is an area of interest.
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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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