SEMI currently sitting on upward trend line within established bullish channel.
Previous support line at $16.30 where demand triggered another uptrend to above $17.00.
RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54.
Aiming to take a long position...
Gday peeps. For April the probability is: Bear
So last month in March, we got ourselves a flipping hammer as the ETF is heading south. The volume was sitting pretty normal and in that average zone. But the body of the hammer didn't punch or break anything, just the tail did. So what does this all mean? Well, I'd say it is stuck in a range, and I would have...
