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Looking to short SMH: Berger
Serge Berger of TheSteadyTrader.com is looking to short the SMH ETF.
Berger says that even though the semiconductor stocks have seen relative strength over the past month they have seen some of the worst bearish reversals following the Brexit vote.
Berger is looking to short the SMH ETF at $56.00 with a target of $51.50 and a stop at $58.00.
FULL DISCLAIMER
NOTIFICATION ON NON-INDEPENDENT INVESTMENT RESEARCH AND RISK WARNING
01:20 minutes
Tags: etf, saxotradergo, semiconductor stocks, serge berger, short, tradingfloor.com saxo bank
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