The fate of the market in Q1 is probably in the hands of the Semis and this weekly chart tells me that while indecision is still in the air, we are most likely going to have a breakout upwards.
Price is squeezed in this VCP chart also by the AVWAPs. I have to say it's a beautiful setup.
I am loaded with SMH LEAPS so I can only hope I am right. Also ready to pull the plug if Jensen at CES is just a sell the news event.
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