Chips Remain Stuck In The Mud – SMH, ARMH, NVDA, MRVL
April 24, 2012 at 11:35 AM EDT
Many of the leading semiconductor stocks continue to struggle to catch a bid higher. The important and highly followed Merrill Lynch Semiconductors HOLDRS ETF (NYSEARCA:SMH) is trading lower by 0.12 cents to $44.45 a share. Short term traders should watch for intra-day support around the $32.20 and $32.90 levels. The daily chart price for the [...]