SMH is at Buy levels IMO
Technical analysis shows volume bottoms where needed. Bullish
Here are some other reasons that I feel SMH can go up with NVDA:
-Chip Demand Surge: Global demand for semiconductors across AI, 5G, and automotive sectors is driving growth.
-Top Holdings Perform: Key stocks like NVDA and AMD provide solid fundamentals.
-Bounces on 50-Week MA: ETF has shown resilience with recent bounces off the 50-week moving average.
NFA
Here are some other reasons that I feel SMH can go up with NVDA:
-Chip Demand Surge: Global demand for semiconductors across AI, 5G, and automotive sectors is driving growth.
-Top Holdings Perform: Key stocks like NVDA and AMD provide solid fundamentals.
-Bounces on 50-Week MA: ETF has shown resilience with recent bounces off the 50-week moving average.
NFA
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.