$SMH - Buying opportunity?

SmartReversals
01-28

Last week's analysis shared with everyone correctly foresaw a downturn for $VanEck Semiconductor ETF(SMH)$ , making the red day and potentially week unsurprising; however, the velocity of the decline is significant. Buying opportunity?

Shared for everyone with specific targets:

SMH resembles the $NVIDIA(NVDA)$ chart, withcomparable tops, and that stock is alsogiving clues ofa bearish reversal comingcomplete analysis for NVDA with levelsother indicators is in this publication.

$Advanced Micro Devices(AMD)$ $Arista Networks(ANET)$ $Marvell Technology(MRVL)$ $Broadcom(AVGO)$ $Micron Technology(MU)$ $Taiwan Semiconductor Manufacturing(TSM)$

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