SMH Chart
The Semiconductor Fund (SMH) had a short term Sell Signal today.

Markets were mostly lower today as the Big Tech and Semiconductors had profit taking.  Only the DOW 30 was able to make higher highs today. The S&P 500 & NASDAQ 100 now need to bounce up off the Pink Lines (10-day averages) to avoid short term Sell Signals. There will probably several Sells and Stop Outs today (See SELLS below).

Most of the Leaders were up in the Red Zones (probably too late to Buy for the short term). Please be patient and wait for more Buy Signals in the Green Zones.  CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. 

__________________________________________________________________________

BUYS TODAY   7/20/2023      NONE TODAY

BUYS TOMORROW                    

AAOI      ADVANCED OPTOELECTRONICS        Wait for Daily Money Wave Close > 20 with High Volume.   

AZUL      AZUL SA AIRLINE      Wait for Daily Money Wave Close > 20 with High Volume.         

EOSE      EOS ENERGY ENTERPRISES      Wait for Daily Money Wave Close > 20 with High Volume.

HUT      HUT 8 MINING       Wait for Daily Money Wave Close > 20 with High Volume.   

MARA      MARATHON DIGITAL      Wait for Daily Money Wave Close > 20 with High Volume.   

Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.  

BUYS SOON                       

PBR      PETROBRAS ENERGY      Money Wave must Close in the Green Zone.     

Please be patient and Wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.   

Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone). Don’t Buy if the Security has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.

SELLS TODAY                   

AMD      ADVANCED MICRO       EXIT if it is going to Close below the Pink Line around $115.03.   

GSIT            GSI TECHNOLOGIES      EXIT if it is going to Close below Support of $5.13.  This trade was not logged.

PANW      PALO ALTO NETWORKS      EXIT if it is going to Close below the Pink Line around $244.53.

SHOP      SHOPIFY INC.      EXIT if it is going to Close below the Pink Line around $66.12.  The Target was already Hit for a 6.1% Gain.

SMH      SEMICONDUCTOR FUND      EXIT if it is going to Close below the Pink Line around $155.37. The Target was already Hit for a 3.1% Gain.

XERS      XERIS PHARMA.      Slipped below the Buy Price and was Stopped Out even.  This trade was not logged.   

_________________________________________________________________________

DAY TRADING SETUPS.  Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today:   SQQQ (+75%) SOXS (+10%) & TSLQ  (+9%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down today and are Below the Green Line.  

Crude Oil was up $0.43 today at $75.72.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Ju1 1, 2023

We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.   

Related Post

EOSE

Leave a Reply