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SMH chart

 
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arthur
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PostPosted: Thu Oct 07, 2004 7:43 pm    Post subject: SMH chart Reply with quote

The MACD uptrend may be indicating a bullish triangle. A breakout of the Jan downtrend line may be bullish. However, SMH may pullback to its 50 day MA in Oct, which has flattened and may turn higher. Also, I may add, SMH is an index, which is safer than any individual stock (INTC is the largest component of SMH).

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