SMH in congested zone giving neutral sentiment

SMH is not showing overall bull or bear sentiment at the moment. Giving a more neutral reading so far

  • EMA crosses back above sma giving bull sentiment
  • ema/sma cross overs do not work well when stock is trading flat
  • SMH is overall trading flat since the 19th
  • RSI is still below sma giving a more bearish indication


SMH is neutral at the moment. Other traders have called for further selling before rally resumes.

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