SOXL Possible long feb 16thLooks intraday invites to Long position, no divergences on RSI, good volume and momentum last week, also Shortage in supply could get prices increase
SOXL trade ideas
SOXL Good entryThis is one of my favorites looks like could be a good entry
Este es uno de mis favoritos, puede que sea muy buena entrada
Long SOXL. Targeting upper trend line to $220Long SOXL. Targeting .618 upper trend line fib replacement
SOXL Semiconductors are way overbought!!The higher this goes the harder it will fall. Looking soooo ready for a pullback!!! The RSI on this baby is at a level that seems to precede a big drop. I just want to know when it's going to happen. Any hints anyone? Cracks appearing this week?? Late December???
weekly 9 and daily 9 on a very strong industrySemiconductors have been killing it and they deserve it. The crisis has accelerated online, cloud and AI businesses which require a ton of processing power. I am quite confident semis will have a very big year ahead. Although this is a good point to take some little profits. I hold $AMD and $TSM personally and I AIN"T SELLING!
My fans have asked and I am responding: semiconductors at limitSomeone asked me about semi-conductors recently because they had (apparently) gone exponential. Well, not quite. I think in response to the election news the past few sessions had been good but going back you can see that its been trading in a fairly predictable range. I can't comfortably call this exponential until it breaks above the overhead resistance and we all know what needs (*ahem) for that to happen (and given the recounts necessary in Georgia and Wisconsin, although Biden will be declared victor the markets will not like the lack of finality and the inevitable road blocks that will be put up by Trump). The other interesting thing is that SOXL is in a very wide long ascending triangle which more often than not tends to break down. More adventurous people could put a small short play into place.
direxion heiken ashi system 200% compounded simple trading 1 yrthis is for education purposes not a recommendation
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Semiconductors Be AwareAnother ascending wedge has appeared. We are currently awaiting a small pull back before a final push up but this does not look like its getting to $200 like previously thought. Bearish headwinds are appearing and larger more long-term ascending wedges are appearing in the market.
Semiconductors at overhead resistanceThis was one of my more prodigious predictions - a declining wedge inside a consolidating triangle. It has jumped today to the upper limit of the consolidating pattern, but where to now? The limits and lines have stayed consistent so crosing and closing above or below them should tell you which way the trade is headed.
SOXL Sell the Bear Market RallyNotice my custom MACD line crossing below both of its signal lines. Before, when It crossed above them, the price went up and there was a normal MACD cross there shortly after. I think now the price will go down to retest the lows of March, and possibly even go lower.
SOXL - BTFD Thank You CoronavirusMy custom "Fast MACD" (Yellow Line) line crossed above its two signal lines. I think the regular MACD (Aqua Line)crosses above its signal line soon as well. At the time of that cross, we should be seeing some recovery from this coronavirus in the markets. Semiconductor companies still have incredibly strong growth.
