The semiconductor SMH headed towards the previous bullish structure zone and is currently printing a bullish engulfing candle above the $239 price level (support level).
Going to be deployment some more capital at this level, which is above 14% below it's previous high.
I believe semiconductor companies are going to be a very important part for the global space moving forward. Doesn't matter if your talking about AI, Machine Learning, Crypto, Tesla, whatever. Semiconductors are going to be necessary and needed in every aspect.
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