Short NvidiaThe rule of gaps is that they get filled almost 93% of the time. Plus with all the geopolitical issues and it's over valuation I believe there's going to be big drop in this stock in the coming days.
SOX
Still think SOX is due a decent pullbackCould continue higher short term, but I think Friday was a precursor
SELL IMOGiving the semi conductor index is overly bought and due for a big correction. I think this is where AMKR is heading.
Semiconductor resistanceSemiconductors have been raging. Their rage is close to an end. They have reached a significant resistance level and should be due for a sharp drop.
SMH - SEMIs above and beyond!Semiconductors have defied the gravity for sure!
They act similar to IBB just before it rolled over.
For now, it is consolidating above a major trendline.
Probably another move up!
