$ON Rebounds Hard While $CIFR Hits 14% and $NIO Stays on Watch
I talked about $ON Semiconductor(ON)$ in the last Semiconductor video and called it my best semi setup right now, especially with price sitting in the Smart Money Zone.
That call is starting to play out.
$ON put together a huge bounce this week, and this move is making the recent low look increasingly important. Congrats to anyone who caught it early 🥂
Then there’s $Cipher Mining Inc.(CIFR)$ 👀
+14% from the Smart Money Low, with the upside gap now filled.
The next level I’m watching is around $20, where I want to see price push into the 1H high and potentially sweep it.
$NIO Inc.(NIO)$ is also sitting in a Smart Money Zone 🚨
The discount is there, but I’m passing.
I already have too many names on my plate, and China-related names haven’t been kind to me historically. Sometimes the best trade is the one you leave alone.
Stay selective. The goal isn’t to catch every move. It’s to catch the setups that fit your process. 📊
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