VanEck Semiconductor ETF
לונג
מעודכן

I want to accumulate more of SMH ETF

343
Looking at the holdings , I will need less bullets to buy into these individual companies especially I had missed BIG TIME on Nvidia.

This war on semiconductor chips will make these companies that are manufacturing them very much valuable down the road. China is squeeze and is forced to build on its own, which will takes time but eventually , I expect China to come up with a more advanced product.

Accumulate on weakness.
הערה
in case you wonder, Nvidia is the largest holdings in this ETF, so you ride the trend along with other players as well.
הערה
praise God, congrats to those who followed.
הערה
look closely at the chart, there is also a small support at 172.88 price level. Did you go LONG or did you hesitate because someone (me) drew a line lower than that? So, you are greedy thinking if you went long at 172.88 , what if the price comes down further ?Well ,it did not and those who bought at 172.88 are in some good profits...........Morale of story - support and resistance line is a GUIDE not a compuslory level that the price action must visit

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