Semiconductors on their feet

2015-02-16 09:47:23

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Thanks to unexpectedly good Apple results Semiconductors ETFs are speeding up.

We had many uptrends picked up on chip firms two weeks ago, e.g. Nvidia (NVDA) 9.68% (trend started on the 6th of February), Texas Instruments Incorporated (TXN) 6.72% (trend started on the 6th of February) or Ascent Solar Technologies (ASTI) 67.83%.

The Philadelphia Semiconductor Index (SOXX) is worth taking a closer look as it broke important resistance levels.

For more about the semiconductors and Apple results click here

To check all of the trends from previous weeks click here


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