Comments on: XLU SDP Utilities Swing Trade Idea 9-20-24 https://rightsideofthechart.com/xlu-sdp-utilities-swing-trade-idea-9-20-24/ Stock Trading, Investing & Market Analysis Wed, 02 Jul 2025 19:09:41 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/xlu-sdp-utilities-swing-trade-idea-9-20-24/#comment-33719 Fri, 20 Sep 2024 19:29:03 +0000 https://rightsideofthechart.com/?p=215300#comment-33719 In reply to Mikeflegel.

SMCI has bounced in sympathy with the other semis, particularly the two big AI’s semis, NVDA & AVGO. SMCI will follow its big brother, NVDA, down to the next swing trend targets once the next leg gets underway.

I’ve shared my re-shorting zone for NVDA & so far, it has been sucking wind compared to the semi stock (a good sign for both the NVDA as well as SOXX, SMCI, & QQQ swing/trend shorts) but sucking wind (trading sideways while the semis & Q’s rally) isn’t the same a going down so once NVDA triggers the next sell signals on the breaks below the key supports I’ve been highlighting, SMCI, SOXX & the entire stock market will likely follow.

]]> By: Mikeflegel https://rightsideofthechart.com/xlu-sdp-utilities-swing-trade-idea-9-20-24/#comment-33713 Fri, 20 Sep 2024 16:13:56 +0000 https://rightsideofthechart.com/?p=215300#comment-33713 Randy, Different sub. What ever happened to tracking and updating your best pick ever. SMCI.
1100 SHORT NOW 450 on a good day. We’ll done.

]]> By: Mikeflegel https://rightsideofthechart.com/xlu-sdp-utilities-swing-trade-idea-9-20-24/#comment-33712 Fri, 20 Sep 2024 16:10:55 +0000 https://rightsideofthechart.com/?p=215300#comment-33712 In reply to B-Right.

Ditto

]]> By: B-Right https://rightsideofthechart.com/xlu-sdp-utilities-swing-trade-idea-9-20-24/#comment-33710 Fri, 20 Sep 2024 14:40:54 +0000 https://rightsideofthechart.com/?p=215300#comment-33710 Thanks Randy for putting the stop levels as well. This really helps and makes it easy to stick to a plan.

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