$SOXX ripped 20% in just 7 sessions. Absolute monster bounce.
This is the semiconductor ETF—basically your entire AI infrastructure trade wrapped into one ticker. When chips fly like this, it's not subtle. It's a sector-wide reversal.
Was oversold. Got a catalyst (probably Nvidia earnings expectations, export rule relief talk, or just peak fear washing out). Now it's vertical.
If you missed the first leg, don't chase blindly. Wait for a pullback to support or a breakout-retest setup. But if you're already in? Let it run. Semis move in waves, and this one's got momentum.
Watch for resistance around prior highs. If it breaks through clean, next leg could be even bigger. If it stalls here, take some off and wait for the next dip.
Chips are the backbone of the AI supercycle. When $SOXX moves like this, pay attention.
This is the semiconductor ETF—basically your entire AI infrastructure trade wrapped into one ticker. When chips fly like this, it's not subtle. It's a sector-wide reversal.
Was oversold. Got a catalyst (probably Nvidia earnings expectations, export rule relief talk, or just peak fear washing out). Now it's vertical.
If you missed the first leg, don't chase blindly. Wait for a pullback to support or a breakout-retest setup. But if you're already in? Let it run. Semis move in waves, and this one's got momentum.
Watch for resistance around prior highs. If it breaks through clean, next leg could be even bigger. If it stalls here, take some off and wait for the next dip.
Chips are the backbone of the AI supercycle. When $SOXX moves like this, pay attention.