$SOXL - RC -
Added 2024-03-13 10:33:11 +0000 UTCOur 3 X leveraged Semi ETF has also been going to plan here, as $AMD and $TSM have been moving with our charts.
We can see that the price went above the 1.618 Fib but rejected at this level on the retest which is in line with the pull back from $AMD and $TSM.
A pull back to the 0.38 Fib - 0.5 Fib between $40.60 and $35.56 would be ideal here for Wave 4 before catching the move higher for Wave 5 to possibly the previous high at $74.
