SMH breaking downtrend; potential move to $600 if upward trend continues.
Bullish
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Verified InvestingPublished Sep 4 · 1 passage
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It is the SMH fund . Semiconductors perform very well today in comparison. We may be on the verge of achieving an even greater high here at "SMH" . Looking at this chart, we find that the SMH is actually breaking a nice downtrend line upwards.
Guys, if this upward trend continues, we could be heading towards a level closer to $600 in SMH.
What this channel has said about $SMH
Verified Investing has 8 calls on this stock; only the adjacent ones are shown.
2026-09-08
Next up into the SMH. Now, this is really where the story is, guys, and I've told you guys this for a long time. The SMH, the semis, they lead the way. They illustrate how much risk-on appetite there is in the growth sector with these semiconductors, especially with this AI data center build-out.
Quote at 03:35 ›2026-09-04BullishThis one
It is the SMH fund . Semiconductors perform very well today in comparison. We may be on the verge of achieving an even greater high here at "SMH" . Looking at this chart, we find that the SMH is actually breaking a nice downtrend line upwards. Guys, if this upward trend continues, we could be heading towards a level closer to $600 in SMH.
Direction flip