SOXL - a second bite at the cherry
Updated
Previously heads up, and with some very interesting feedback from NickQuick7 about the semiconductor Bill passed by Senate, SOXL continues to be of high interest in the watchlist.
The past three trading sessions have rebounded from the daily 62% retracement level, and is projected to move further to 23.50.
In the bigger picture, a target for 33 is mooted.
Weekly technicals are good, and daily technicals are wearing out a little...
The past three trading sessions have rebounded from the daily 62% retracement level, and is projected to move further to 23.50.
In the bigger picture, a target for 33 is mooted.
Weekly technicals are good, and daily technicals are wearing out a little...
Note
Along with some feedback from readers, absolutely agree about a volatility spike in the making.Be like water!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.