SMH throws mixed signals compared to QQQ

SMH indicators, EMA crossover, and stock throws mixed signals

• EMA remains below its SMA line
  
• RSI breaks slightly above its SMA
  
• stock price remains firmly inside lower resistance line
  

SMH is rather prone to false breakouts. So the RSI breakout above could be a fake out for sure. Prefer to wait for extra confirmation of new direction with SMH before making trades on it.

SMH is overall giving more bearish direction than bullish.