Daily dose of Chart :Intrasector rotation with Tech. SMH vs HACK
Even if the XLK (Tech sector ETF) hitting all time highs. But within the sector we see major rotation from Semis to Software to Cyber security. Last 6 months the Semis underperformed the Cybersecurity sector. But this has flipped recently on the daily basis. There is a bullish head and shoulders pattern forming on the SMH / HACK.
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