SSG Inverse Semiconductors Oversold Falling Wedge Positive Divergence

Using divergences in trading is one of the keys to success. They help to identify turns but sometimes divergences are divergences--unti lthey aren't. One of my fave set ups involves seeing both the daily and weekly charts agree across the board with either positive divergence or negative divergence. SSG is showing positive divergence on both the weekly and daily chart below, across the board, all indicators. SSG is on the lauch pad. It will pop like a rocket. This information is for educational and entertainment purposes only. Do not trade based on this information. Consult your financial advisor before making any investment decision.