$SOXL
Added 2024-09-06 10:28:34 +0000 UTCIt is not looking great for this Bullish Semi ETF
0.618 Fib has been lost, which we know, any price below this support level is showing weakness.
Bulls still have until the August low at $23.55 to make a higher low but the trend is not in their favour as $NVDA continues to struggle and $SMCI is not helping either
$AMD and $DELL are holding better.
However, I think the $SOXL at the 0.78 Fib at $17 offers a very nice risk v reward entry.
