$SOXSB is showing strength with a 22.08% expansion on active volume.
Higher lows are holding and buyers are controlling the structure.
EP
43.85 - 44.78
TP
TP1 45.35
TP2 45.79
TP3 46.80
SL
42.90
Price swept the 36.55 low and expanded through 38.05 and 41.92 with strong momentum. The pullback from 45.35 was absorbed near 43.85, which shows the reaction from demand. As long as price holds above that zone, structure stays intact and liquidity above the 45.35 high is the next draw.
Let's go $SOXSB
Higher lows are holding and buyers are controlling the structure.
EP
43.85 - 44.78
TP
TP1 45.35
TP2 45.79
TP3 46.80
SL
42.90
Price swept the 36.55 low and expanded through 38.05 and 41.92 with strong momentum. The pullback from 45.35 was absorbed near 43.85, which shows the reaction from demand. As long as price holds above that zone, structure stays intact and liquidity above the 45.35 high is the next draw.
Let's go $SOXSB