by Chris Kimble | Feb 27, 2024 | Kimble Charting
Investors have been treated to one heck of a rally by the Semiconductor Sector (SMH) with stocks like Nvidia (NVDA) leading the sector and stock market higher. But the semiconductor sector may be nearing a crossroads. Is it breakout time or break time for the red-hot...
by Chris Kimble | Feb 21, 2024 | Kimble Charting
Nvidia has captured the technology investor community by storm. Nvidia’s stock price (ticker: NVDA) has surged in recent weeks and this has lead the broader stock market higher! But, as you can see on today’s “weekly” chart of Nvidia, the high flying NVDA hit its 261%...
by Chris Kimble | Feb 16, 2024 | Kimble Charting
Cisco (CSCO) used to be one of the four horsemen of the Nasdaq (tech stocks) rally. While CSCO still has plenty of influence as a large-cap leader in the Semiconductor Sector, it is under-performing its peers and trading in a pennant pattern. In short, Cisco has...
by Chris Kimble | Jan 24, 2024 | Kimble Charting
Not too long ago, we wrote about a potential cup with handle breakout for the market-leading Semiconductors ETF (SMH). You can read that here. Today, we examine a “monthly” chart of $SMH to provide an update on that powerful price pattern. As you can see, a breakout...
by Chris Kimble | Dec 14, 2023 | Kimble Charting
As I often point out, technology stocks have been the leader of bull market since 2009. And it’s always a good idea to keep a good eye on leadership. Within the technology sector, the Semiconductors are an area that is often out-performing. Today, we highlight why...
by Chris Kimble | Nov 16, 2023 | Kimble Charting
The Semiconductors Sector ETF (SMH) has been a market leading sector for nearly two decades. And after a brief swoon, the Semiconductors (SMH) are heating up once again. Today’s chart is a long-term “monthly” view of the SMH. As you can see, this market leading sector...
by Chris Kimble | Sep 18, 2023 | Kimble Charting
Back on August 25th, we wrote a post on Nvidia’s stock (NVDA) hitting its 161% Fibonacci extension level. Today we turn to Joe Friday and provide an update on that pattern. “The facts, Ma’am. Just the facts.” As you can see, Nvidia (NVDA) closed in August right at its...
by Chris Kimble | Sep 8, 2023 | Kimble Charting
The stock market appears to be limping its way through the final stages of its rally. The major stock market indices have yet to make new highs and are in stall-out mode. A bit concerning, eh? These concerns are on full display in today’s chart 4-pack. As you can see,...