$SOXSB is showing strength with a 7.94% expansion on active volume.
Higher lows are holding and buyers are controlling the structure.
EP
40.60 - 41.73
TP
TP1 42.46
TP2 42.76
TP3 43.80
SL
39.70
Price swept the 36.54 low and expanded through 38.85 and 40.15 with strong momentum. The pullback from 42.46 was absorbed near 41.45, which shows the reaction from demand. As long as price holds above 40.15, structure stays intact and liquidity above the 42.46 high is the next draw.
Let's go $SOXSB
Higher lows are holding and buyers are controlling the structure.
EP
40.60 - 41.73
TP
TP1 42.46
TP2 42.76
TP3 43.80
SL
39.70
Price swept the 36.54 low and expanded through 38.85 and 40.15 with strong momentum. The pullback from 42.46 was absorbed near 41.45, which shows the reaction from demand. As long as price holds above 40.15, structure stays intact and liquidity above the 42.46 high is the next draw.
Let's go $SOXSB