I see the target as $25 to $26 in the near term for a final leg down before rallying to the 50% retracement level.
Volume, Politics and overall structure looks very week for semi/tech hardware stocks.
If we do rally next week from here, I would continue to short. Ill update next week.
Volume, Politics and overall structure looks very week for semi/tech hardware stocks.
If we do rally next week from here, I would continue to short. Ill update next week.
Trade active
Bounce to retest POC and flush Trade closed: target reached
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Disclaimer
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.