SMH (Semi ETF) And Nvidia (NVDA) Into Major Resistance
Published At: Jul 12, 2025 by
Gareth Soloway
The VanEck Semiconductor ETF (SMH) and Nvidia (NVDA) have both slammed into major resistance levels. This can be seen in the chart above.
When both the semi ETF and the biggest stock by market cap slam into resistance at the same time, the likelihood of a pull back in the semi sector is higher.
Overall, look for a pull back in the coming days in NVDA and SMH.
