Chip Stocks Have Two Lines in the Sand Before a Breakout
The PHLX Semiconductor Index faces resistance at 10,500-11,000 and support at 8,000-8,500. BTIG’s Jonathan Krinsky calls the upper band “six months of overhead supply.”
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The PHLX Semiconductor Index faces resistance at 10,500-11,000 and support at 8,000-8,500. BTIG’s Jonathan Krinsky calls the upper band “six months of overhead supply.”
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