SMH daily chart is bullish with potential for new highs.
Jump to any passage
Uh MU I So on Friday I noticed that things were like looking good before the close. And if you look at the chart of I mean I really should when I come on the mic here I should have my chart up for so I can I can show you real quick.
But on Friday I noticed that things were shaping up like setting up into the close and I feel like somebody must have known about the China deal or because all the tech stocks started popping into the close on Friday.
And so I'm going to show you my charts real quick. And so if you look at the if you look at uh one second uh Intel pull up the Intel chart hourly chart. Where is my TC2000? Here it is.
So am I sure? Are you Yeah, there it is. So if you look at Intel hourly chart on Friday, I mentioned this in the room. Uh, we had a buy setup, but it hadn't yet popped. I mean, it when I mentioned it, it wasn't yet going and then there it is.
Long right here. Same with MU was pretty bullish. Same with the SMH. They all popped on Friday. But before the pop, they were starting to look good. Mentioned them all in the in the room. Got positions in all of them.
What I don't really really understand, this is the daily chart of the SMH. Beautiful. Looks higher to the all-time high.
What this channel has said about $SMH
T3 Live has 2 calls on this stock; only the adjacent ones are shown.