SMH Heavyweights TSM & AVGO Flash Bearish Signals

SmartReversals
12-15

SMH Heavyweights TSM & AVGO Flash Bearish Signals

1. $Taiwan Semiconductor Manufacturing(TSM)$ :

One of the big components of the $VanEck Semiconductor ETF(SMH)$ is showing signals of an imminent pullback, if the reversal candle has follow through, the price must find support before falling in the volume gap, where volatility usually accelerates.

2. $Broadcom(AVGO)$

Broadcom is one of the giants constantly tracked using S/R Levels. The latest candle shows bearish conviction, and the MACD crossover is concerning.

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