Article By:
Sweta Killa
Wednesday, July 15, 2020 11:01 PM EDT
Here are some semiconductor ETFs, which could be the best ways for investors to tap the opportunity arising from the ADI-MXIM deal. Investors should keep a close eye on the movement of these ETFs over the coming weeks.
Sunday Trio Of Short Ideas
100% agreement on $BWLD especially since it has been flat for months in a bullish market with more room to fall.
I disagree with $AMD. If AMD falls below the SMA200, absolutely short, but the Triple Bottom off 12.00 is a cause of concern + a previous ER beat + Q3 ER beat likely & sitting in oversold territory according to (MFI). $SOXX shows a Pennant as well.
$ACAD long-term is down, but short term is up. Above the SMA 20, 50 & 200.
Both AMD & ACAD is big risk little reward in my book unless the Days to Cover is a big enough window. Otherwise just not worth it in my book.