SMH eyes on $237: Key support that needs to hold for next leg up

Chip stocks have been cooling down for a few months.
SMH covers a cross section of the industry and is dipping.
Currently testing a key support acting as bottom of range.
$ 236.36-238.96 is the current support of interest.
$ 246.87-247.78 above is minor but key resistance
$ 225.66-225.86 below is next support for stop loss.
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All of these zones were obvious in last analysis:

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The major levels for SMH are set by its "Genesis Sequence":

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SMH covers a cross section of the industry and is dipping.
Currently testing a key support acting as bottom of range.
$ 236.36-238.96 is the current support of interest.
$ 246.87-247.78 above is minor but key resistance
$ 225.66-225.86 below is next support for stop loss.
.
All of these zones were obvious in last analysis:

.
The major levels for SMH are set by its "Genesis Sequence":

==================================================================
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.