The need for chips during this shortage is bolstering up the price. I believe the sentiment is to continue to 'buy the rumor" until the selloff news event. If I had to guess, the profit taking will take place when the shortage is no longer a problem - no more sense of urgency or demand in chips. I'll keep riding the wave y'all.
Just my opinion not financial advice.
Just my opinion not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.