Semis down on rumors that Biden administration will be cutting down on chip exports to China.
Last time this occurred, semis shrugged it off in coming weeks.
Hoping for bounce at this multi-tested low. Tight stop, as confirmation of double-top formation could send the stock down to $105 levels.
Last time this occurred, semis shrugged it off in coming weeks.
Hoping for bounce at this multi-tested low. Tight stop, as confirmation of double-top formation could send the stock down to $105 levels.
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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.