$SOXL.ETF – Market Analysis 🚀
Bullish Rebound
$SOXL.ETF (Direxion Daily Semiconductor Bull 3X ETF) is showing strong rebound momentum after recovering from recent lows. However, volatility remains high, and short-term profit-taking is possible.
Resistance: $69–$70
Support: $60–$61
Bullish signal: Breakout above $70 could strengthen momentum.
Risk: A drop below $60 may trigger further weakness.
$SOXSB
#HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #ChipStocksExtendLossesAfterNvidiaCEOChange #CoreWeaveJumps10%On168%RevenueGrowth #TradFiForBeginners
Bullish Rebound
$SOXL.ETF (Direxion Daily Semiconductor Bull 3X ETF) is showing strong rebound momentum after recovering from recent lows. However, volatility remains high, and short-term profit-taking is possible.
Resistance: $69–$70
Support: $60–$61
Bullish signal: Breakout above $70 could strengthen momentum.
Risk: A drop below $60 may trigger further weakness.
$SOXSB
#HuangExitNvidiaStrategyInFocus #AnthropicRejectsIPODelayValuationinQuestion #ChipStocksExtendLossesAfterNvidiaCEOChange #CoreWeaveJumps10%On168%RevenueGrowth #TradFiForBeginners
