Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.
The bearish rising wedges on the semiconductor sector ETFs, confirmed with clear negative divergences are still very much intact. The yellow lines on the charts of the 3 big semiconductor ETFs; SMH, XSD & SOXX, are minor uptrend lines, each likely to spark a sell-off if/when broken. The white primary uptrend lines are much more [...]