The other day we noted one Medical Device company (EW) giveth while the other (BABY) taketh away.
Today we have the Semiconductor sector’s version of that as SIMO giveth and INTC taketh away.
SIMO held the key parameter, which was the SMA 50 and its post-January uptrend, and has popped but good after reporting a pleasant surprise to the market.
INTC is going the other way on okay, but apparently not good enough results.
As for the four items mentioned here, I clipped BABY quickly and still hold winners EW and SIMO, along with a now -1% INTC, which I am not sweating too much because the chart is still intact to the original goals.
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