### Technical Analysis Overview: VanEck Vectors Semiconductor ETF ( NASDAQ:SMH ) – Cup & Handle Formation on Weekly Chart The VanEck Vectors Semiconductor ETF ( NASDAQ:SMH ), which tracks the performance of the semiconductor sector, is currently exhibiting a classic Cup & Handle pattern on its weekly chart. This pattern is a significant indicator in technical...
NASDAQ:SMH could be a big beneficiary "if" interest rates level out or even start dropping. This Cup w/ Handle formation is also about a 2 year base suggesting that if / when it breaks out, it could have a big run. All TBD. See Notes on chart for more of my thoughts. Ideas, not investing / trading advice. Comments always welcome.
... for a 1.30 credit. Comments: Adding another rung to my SMH position out in January at a strike better than what I have on in December at the 125, targeting the <16 delta strike paying around 1% of the strike price in credit.
... for a 1.27 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the underlying. I currently have a December 125 and January 120, so this is at a better strike than what I currently have on.
... for a 1.55 credit. Comments: Adding a rung out in December to my SMH position, targeting the <16 strike paying around 1% of the strike price in credit to emulate collar cost averaging into the underlying.
Comments: Adding in at strikes better than what I currently have on (which seems to be a recent theme), targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Hi traders Let's have a look at SMH. We can see that bearish divergences has been formed. Expecting a small bounce to the ressitance area shown on the chart (orange trendline) which would be an enty for short. Target for shorts: 123 $ stop loss: 163,48 $ Do you agree? Good luck
NASDAQ:SMH If the ETF surpasses the bullish line situated approximately at $150.69: Bullish Target Price 1: It seems that $152.30 is the immediate resistance, given the previous price reactions around this level. Bullish Target Price 2: If it clears the aforementioned level, the next potential target could be $154.05. If the ETF drops below the bearish line at...
... for a 1.32 credit. Comments: Targeting the shortest duration <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor ETF. I have no current position on in SMH, so will look to add at intervals should IV remain decent (it's currently at 28.7%, but at the low end of its 52-week range).
... for a 1.26 credit. Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the semiconductor exchange-traded fund. Here, I'm adding a rung at a better strike in the November monthly than what I currently have on.
smells like a double top walks like a double top #SMDH Goblin town given time is the destination.
Entry: with price above 155.94 Volume: with volume greater than 6.58M Target: 174.83 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 155.95, 146.50 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is...
The problem with SMH: Today is attempting some recovery off Fridays big red candle with what has potential to be a piercing candle, but needs to clear at today's close above Friday's pivot at 147.84 to offer any hope. The test is label B, at 143.35. Bulls will want this to hold, or it will be a fast trek down from there. 9/21/23 will be a key day, if the...
Last time we saw the bullish moving average cross of the 7MA & the 590 MA we saw a superb rally over 2.5months. This time we are seeing a bearish cross of the same 2 moving averages. Could this replicate the move to the downside? Don't say we didn't caution you!
If you like fractals, you will love this. Ratio of SMH to SPY shows a possibility of repeating an earlier fractal where there is a big drop in the SMH compared to SPY (SMH/SPY ratio). As with any ratio, one needs to gauge the action of the numerator as well as the denominator. So, either SMH declines faster than SPY, or SPY increases faster than SMH...
Semiconductor stocks have surged this year, thanks in large part to NASDAQ:NVDA Nvidia. But they could be losing relative strength to software makers within the technology sector. Today’s main chart focuses on the NASDAQ:SMH VanEck Semiconductor ETF, which closely tracks the NASDAQ:SOX Philadelphia Semiconductor Index. It recently slipped below the 50-day...
I published my analysis about AI bubble burst in August, now it looks like TSLA supercomputer Dojo has attracted market attention and drain liquidity out of NVDA and cryptocurrency market! At the time of writing this article TSLA is +9.1% and NVDA -2.16%, and my quantitative model scored TSLA +10 (Max buy) and NVDA -10 (max sell). Meanwhile, cryptocurrency market...
The SMH is the semi conductor exchange traded fund (EFT). This chart is a perfect example of the place where traders can generally count on a bull bear battle. When price is falling, the human nature tendency is to think what's happening now will continue to happen in the near term. All charts act and react the same way. In fact, Mrs. Market is simply...