Semis look like they could repeat a 2016 rally when chip stocks roared 73% higher

 

Semis look like they could repeat a 2016 rally when chip stocks roared 73% higher

Semis stocks are slumping for a second day in a row, but one technical analyst sees a big reason to buy the dip in chips. The SOX semiconductor index’s setup looks a lot like a sell-off a few years …

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