SMH
- Thread starter Buy1Sell2
- Start date
The issuer does not mention Samsung in the list of holdings: https://www.vaneck.com/us/en/investments/semiconductor-etf-smh/holdings/
I see.
But Samsung is making memory chips as MU, and logical chips as TSMC, so that tells something. LG has large battery unit for EV.
Curious on your entry decision..was it purely based on smh? To me, and then simply looking at a daily chart smh, your entry point seems random (structure wise). Even right before a larger 'congestion area' (nov/dec 2022).
Or was it based on SPX?
Based upon DJUSSC. We showed upward momentum on daily and I saw no further downside at the moment.
To further clarify---I use weekly to determine trend when I am going to enter a trade. Then I drill down to the daily chart for and entry. As the weekly trend had changed to up on DJUSSC, I then was looking at daily for entries on SMH. I was expecting a further drop, but I saw momentum on daily to the upside and thus I entered long.
https://www.wsj.com/articles/tsmc-w...op-spending-cut-11673523302?mod=hp_lista_pos5
first shoe is dropping? TSMC moved its factory to Arizona, the costs are obviously not comparable to its Taiwan locations.
first shoe is dropping? TSMC moved its factory to Arizona, the costs are obviously not comparable to its Taiwan locations.