VanEck Semiconductor ETF
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$SMH Semis Breakout Retest

110
SMH Breakout Retest of 313, needs confirmation . Failure expect a move back in the box to the 300 zone.

Given the bullish seasonality and technical confluence (MACD cross and RSI uptick), bias is to the upside with $325 and $332 price targets.

I'm long JAN $315 Calls, 30% stop.

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