Unfilled Gaps in the Semi's

$SMH $NVDA $TSM

Presented below is a recently filled gap (dark green), a partially filled gap (lighter green) which includes a retest today, and an unfilled gap from June, which represents a bit under 10% below the current price. Not all gaps fill, but most do…

NVDA 0.00%↑ and TSM 0.00%↑ are the heavyweights in the SMH 0.00%↑ . TSM 0.00%↑ reports first, on 10/19. NVDA 0.00%↑ should be about a month after.

TSM 0.00%↑ is approaching an interesting AVWAP, representing its Jan ‘22 all time high. That’s probably hurdle #1.