SOXL trade ideas

skyrenkai

$mu $amd $nvda $ichr $intc

etom21

SOXL has been forming a pretty well-defined Pennant and underlying fundamentals in the ETF are strong with a good tail wind. Prediction: - No bad world news, especially NK. (Manufacturing base in Seoul and throughout Japan). We break the upper band; $97 target. - Bad world news, good buy in point >$90 as we bounce off the lower band, break upper band if the...

skyrenkai

mad cross bullish sign and hold strong with uptrend line. good time to buy the dip

skyrenkai

Macd crossed break out this week buy buy buy

skyrenkai

semi should break out in the next coming week or so.

skyrenkai

currently still in uptend line. break will fall to 200MA

eccenocte

keeping a close eye

RHTrading

Neckline broke. 2 Targets on the chart based on Fib confluence levels.

TradingMula

Semiconductor pullback with favorable risk reward

RHTrading

Two price path predictions for next week given the current action and patterns I'm seeing on the chart Blue arrows: Inverse H&S Orange arrows: Descending Wedge

RHTrading

Semiconductors are still weak for several reasons though right here might be a decent accumulation zone. SOXL has been one of the strongest 3x ETF performers this year but we're seeing some serious topping action currently with may appear to be a head and shoulders top. Here's this weeks video for SOXL: www.youtube.com

RHTrading

Bring back technical analysis . Too often I've been seeing people just posting a picture of the price action and then an arrow going up or down with the title "Long UVXY" or some garbage like that. Nobody gives two farts about whether or not you entered a position. Show me some fibonacci. Show me some technical divergences. Show me some diamond bottoms. Show me...

RHTrading

SOXL is overbought on all time frames. Bearish Case: Coming to the end of the Long term, Medium term, and Short term elliot waves that I've drawn. (We may see a 9 wave on the short term instead of the traditional 5 waves). At 227.6% Fib Resistance level. Created a new unsustainable uptrend recently. RSI divergence Touching the top of new uptrend channel. RSI has...

User42170

Good run here, respecting fib extension levels.

kevin1533

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gabcab18

Bullish canal

alexandre.wolwacz

Another nice move, uptrend in the daily chart. We do have a correction. The oversold signals the entry. Stop 5% below our entry, target in the last five high.

MindsForge

I don't like doing TA on leveraged ETFs generally, but you can get a good idea of what's going on. Using SMH for semis would be better, if I were using fib ratios I'd definitely use an unleveraged product for charting. Chart text repeated here: potential reversal area, might be able to squeeze another 7% out of the current rally, would wait to go long on a...