$SMH - RC -
Added 2024-03-21 15:24:54 +0000 UTCClean rejection at the 1.618 Fib for this Semi ETF, so I have added in the amber Fib levels to see where support can come if this confirms to start its ABC correction now.
A break above the 1.618 Fib at $239 and this can run to the next important Fib level, all the way up to $302, so $SMH will certainly need $NVDA to run a lot higher too, so it will likely come down to whether or not $NVDA is finished its impulse wave.
Comments
An update🙏
Yaso
2024-05-14 22:43:28 +0000 UTCIt is possible
Gareth Neary
2024-03-21 15:53:32 +0000 UTCBased on your SOXL chart, I expect SMH to run to the next fib
Adam L
2024-03-21 15:53:05 +0000 UTC
