ARTICLE SYNOPSIS...A long-term bearish reversal pattern is formed by the Semiconductor Index on a daily as well as a weekly time frame. Will the pattern undergo a successful bearish breakout?
ARTICLE SYNOPSIS...The correction phase of the semiconductor index may be coming to an end and a trend reversal may soon be in place.
ARTICLE SYNOPSIS...The Semiconductor Index was undergoing a steady bullish rally until an unanticipated breakdown appeared. Will the index resume its bullish path or will it drop further?
ARTICLE SYNOPSIS...The index after consistent bearish breakouts is retesting the supports in a strong downtrend.
ARTICLE SYNOPSIS...The Philadelphia Semiconductor Index is in a strong support/resistance zone.
ARTICLE SYNOPSIS...Is the Semiconductor Index likely to test the newly formed support or plunge further? Is this corrective rally suitable to trigger fresh long positions?