Semiconductors trying to reclaim 5-week sideways range

Keep an eye on the semis here as they try and reclaim the lows of this 5 week sideways range. They didn't break down as hard as the major indices and the open gap from November is still very much in tact.

Overall, we're seeing some relative strength out of this higher beta group.
breakdownCandlestick AnalysisretestsemiconductorsSOXXSupply and DemandSupport and Resistance

Evan Medeiros
Founder, Trade Risk
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