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Non-Tech : Kirk's Market Thoughts
COHR 131.96-0.6%Oct 31 9:30 AM EDT
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To: #Breeze who wrote (21441)11/20/2024 12:24:59 PM
From: Return to Sender2 Recommendations

Recommended By
Julius Wong
Kirk ©

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Seems like every time the SMH falls to, or below, the 200 day SMA we get a rally. The SMH is sitting on the 200 Day SMA right now. With NVDA reporting tonight I would expect a rally. Getting to 316 would be wonderful. That is not happening without another beat and raise by NDVA. That is something I believe we should expect based upon what TSM had to say when they reported.

6 Month SMH Chart below:

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