Semiconductors (SMH) Rallying

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By Mike Paulenoff | Published 04/18/2007 | Stocks | Unrated

Semiconductors (SMH) Rallying

The SMH is on the verge of hurdling a 6-month resistance plateau, which if sustained should trigger upside follow-through to my next optimal target zone of 36.60/90.

Mike Paulenoff is a 26-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his technical chart analysis and trading alerts on all major markets. For more of Mike Paulenoff, sign up for a free 15-Day trial to his MPTrader Diary by clicking here.

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