SMH is doing well today!!
Runner's Rascals
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Tom, I'm bull on it to 2.70. It has been holding for now and I see no entry yet..
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Originally posted by RunnerI’ve got a bullish tone on SMH as it seems to be sitting near what I’d call triple support. It has also pulled back to its lower channel line and I’d expect a move up from here. If this general area is violated then I’d leave it alone. Remember support and resistance lines are approximate and not exact. I think SMH might offer a low risk entry here with a target back to prior highs. We shall see!!
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