Opis
⋅ Bearish Divergence being observed on the daily RSI for SMH.
Dabbling into the use of Ichimoku for the first time for target setting.
Short Trade Idea for November
Entry between 132-135
Target 1: 130.21 (Tenkan)
Target 2: 125.30 (Kijun)
Not sure about the stop loss. Going ahead with buying November puts.