(SMH) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for SMH

• Buy SMH near 224.72 target 247.23 stop loss @ 224.07 Details

The technical summary data tells us to buy SMH near 224.72 with an upside target of 247.23. This data also tells us to set a stop loss @ 224.07 to protect against excessive loss in case the stock begins to move against the trade. 224.72 is the first level of support below 226.1 , and by rule, any test of support is a buy signal. In this case, support 224.72 would be being tested, so a buy signal would exist.

• Short SMH slightly under 247.23, target 224.72, stop loss @ 247.94 Details

The technical summary data is suggesting a short of SMH as it gets near 247.23 with a downside target of 224.72. We should have a stop loss in place at 247.94though. 247.23 is the first level of resistance above 226.1, and by rule, any test of resistance is a short signal. In this case, if resistance 247.23 is being tested, so a short signal would exist.

Swing Trading Plans for SMH

• Buy SMH slightly over 226.15, target 247.23, Stop Loss @ 225.5 Details

If 226.15 begins to break higher, the technical summary data tells us to buy SMH just slightly over 226.15, with an upside target of 247.23. The data also tells us to set a stop loss @ 225.5 in case the stock turns against the trade. 226.15 is the first level of resistance above 226.1, and by rule, any break above resistance is a buy signal. In this case, 226.15, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SMH slightly near 226.15, target 224.72, Stop Loss @ 226.8. Details

The technical summary data is suggesting a short of SMH if it tests 226.15 with a downside target of 224.72. We should have a stop loss in place at 226.8 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 226.15, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SMH

• Buy SMH slightly over 226.15, target 227.7, Stop Loss @ 225.62 Details

If 226.15 begins to break higher, the technical summary data tells us to buy SMH just slightly over 226.15, with an upside target of 227.7. The data also tells us to set a stop loss @ 225.62 in case the stock turns against the trade. 226.15 is the first level of resistance above 226.1, and by rule, any break above resistance is a buy signal. In this case, 226.15, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SMH slightly near 226.15, target 224.72, Stop Loss @ 226.68. Details

The technical summary data is suggesting a short of SMH if it tests 226.15 with a downside target of 224.72. We should have a stop loss in place at 226.68 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 226.15, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Vaneck Vectors Semiconductor Etf (SMH) available here: SMH.

SMH Ratings for March 18:

Term →	Near	Mid	Long
Rating	Strong	Weak	Neutral
P1	0	0	224.72
P2	227.7	214.74	247.23
P3	231.84	226.15	268.95

AI Generated Signals for SMH

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