$SOXL - RC -
Added 2024-01-31 19:20:06 +0000 UTCThis 3 X leveraged Bull Semi ETF has been moving very well through our count and there are no changes to this chart since the last time I have uploaded this.
$AMD, $SMCI and $NVDA played a big part in the gains here and this is taking a breather which I believe is a healthy pull back before going higher.
Wave 2 held the perfect 0.618 Fib for Wave 2, so we have every reason to believe we are in Wave 3 now to $50.
Comments
Yeah the nvda chart would assume we are in wave 4 now which again wouldn’t make sense to have soxl in wave 3. I can’t imagine semis running hard as nvda pulling hard. A lot of money to be made in this sector so hopefully Gar can shed some light on this.
Adam L
2024-02-01 12:29:44 +0000 UTCI believe $SMCI is not included in $SOXL
K N
2024-02-01 06:16:25 +0000 UTCTrying to figure out the disconnect between your SOXX chart and this SOXL chart. SOXX you have already topped out in wave 5 but SOXL in middle of wave 3. SOXL is tracking SOXX 3x so one of the charts must be wrong. Any thoughts?
Adam L
2024-01-31 20:15:07 +0000 UTC
