SMH fails to break through resistance

SMH rallied to key resistance and failed to break through. Gapped down next trading day. Looking to make another attempt at the resistance.

• SMH gapped down with volume after failing to break through
  
• started to recover as smart money took over in later day trading
  
• RSI is now below its SMA smoothing line
  

If this pattern holds trying to break through we may not see selling off with volume until we reach trend support