Semiconductor ETF analysis of the SMH signals it is nearing is maximum move level at $145.25. Technical analysis shows this as the likely maximum upside level in the near-term before a major pull back of at least 10%. The current price of the SMH is $142.35. I will be looking to buy a significant position in puts and short the SMH here for a 10% correction. Classic swing trade setup.
A net gain of +998.55% through June 2nd, 2020 is a reality for members of Verified Investing Alerts. For investors who want to maximize profits to an insane degree during the COVID-19 pandemic, swing trading technical chart setups using the PPT Methodology is easy and profitable. Swing trading using these methods allows smart investors to jump in at key levels and out for 10%+ gains in days. Master Trader Gareth Soloway has guided his members, actively swing trading stocks, using key technical levels for multiple profits of 10% almost every day (yesterday 3 winners of over 10% each). With the action in the equity markets, members are getting multiple trades a day (on average). See the VERIFIED track record HERE (scroll down on the page). Gareth consults for hedge funds but still helps average investors swing trade. Members get exact entry prices, stops, targets and daily videos that analyze the market, stock and current positions. The second Master Trader Gareth Soloway buys/sells a stock, members get a text/email alert to get them in/out of the trade in seconds. See how this trade based a Technical Analysis Double Top makes money! See the Semiconductor ETF analysis on the chart below.