just hitting resistance, nothing more for now.
That’s a clean trendline test on SOXX: strong bounce, but right at the line that’s been a ceiling since early 2024. Looks more like rejection than anything else. Price will sort it out soon.
That’s a clean trendline test on SOXX: strong bounce, but right at the line that’s been a ceiling since early 2024. Looks more like rejection than anything else. Price will sort it out soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.