SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one. Many semi
conductor stocks have had major price runs upside. The time has come to watch them
for reversals. I will close my SOXL position in favor of a new long trade in SOXS.
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one. Many semi
conductor stocks have had major price runs upside. The time has come to watch them
for reversals. I will close my SOXL position in favor of a new long trade in SOXS.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.


