The volatility contraction in the Semiconductor index seems to be setting up for a very big upward directional move.
These stocks are important. They’re early cycle of course, and they are the group that signaled market higher back in early 2016.
The above range signals a 10% move that will happen fairly quickly when triggered. This is why I’ve been stacking these stocks in my portfolio the last couple weeks.If you enjoy the content at iBankCoin, please follow us on Twitter