Schwab Network on $SMH (Oct 27, 2026)
SMH shows a strong bullish bull-flag pattern, indicating much higher prices and a possible ~50% rise. But a break below $520 could get very bad and send it toward $371, a 31% drop if the decline continues.
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When we look at the semiconductor sector from the perspective of a technical trader, i.e., following price action, momentum, sentiment and all those things, we find that the charts of SOX, SOXX or SMH, which is the semiconductor sector exchange-traded fund , show very strong bullish patterns known as the “ bull flag” pattern.
This indicates much higher prices. We may see SMH rise by about 50% upwards.
Yes, I mean when we look at the semiconductor sector, SMH for example, if we break the $520 per share barrier , I think things could get very bad . We may start to see the price heading towards $371 per share.
So, this means a 31% drop in semiconductors if they continue to fall from here.
What this channel has said about $SMH
Schwab Network has 4 calls on this stock; only the adjacent ones are shown.