I'm not trading this, but posting it as something to watch. We have a few weeks/months until other semi's report, so it could easily ride this line into the 200dma, though it will likely see some consolidation as it ascends into future supply zones. Risk/reward not here for me until it shows its hand a little more.
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Obviously helped by the Fed update, the thesis prevailed and while we're still not to 97, you've had your chance to take profits.