$SOXLB 1 hours, it surged 11.07% to 53.86, with a 24h range of 41.32 ~ 54.
After a sharp move, the market usually enters a period of consolidation. The way it consolidates affects which direction the next leg takes.
Funds are flowing in here, and the excitement usually attracts more momentum-chasing capital, while volatility also increases.
After a sharp move, the market usually enters a period of consolidation. The way it consolidates affects which direction the next leg takes.
Funds are flowing in here, and the excitement usually attracts more momentum-chasing capital, while volatility also increases.