Semiconductors are pulling back from Price and RSI Flag Resistance Levels. This is the same chart that I posted earlier this week.
Breaking yesterday's low could send
SOXX to the 18 day moving average. I will probably buy that and Flag support, which will be near $209 later next week.
A break of Flag Resistance or Flag Support on a closing basis unlocks a much bigger move for $SOXX.
Breaking yesterday's low could send
SOXX to the 18 day moving average. I will probably buy that and Flag support, which will be near $209 later next week.A break of Flag Resistance or Flag Support on a closing basis unlocks a much bigger move for $SOXX.
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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.