AllTechnical Analysis
logoArgusMay 07, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term
Summary

Back on April 14, we wrote about the bullish technical outlook for semiconductors, a key Technology industry. At the time, the iShares PHLX Semiconductor (SOXX) and the Van Eck Vectors Semi ETF (SMH) SOXX had just made all-time highs (ATHs). Additionally, nine of 10 major holdings in the SOXX were at or near ATHs.

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