Sharing a thought: $SOXLB hit a new 24-hour high at 64.29, surpassing the previous high of 63.98.
Whenever a new high is reached, someone in the comments says it’s topped out. But in a truly strong market, new highs are often followed by even more new highs. Still, I’m not planning to chase it here. I’ll wait and see if it holds above the previous high on a pullback.
What do you think?
#SOXLB
Whenever a new high is reached, someone in the comments says it’s topped out. But in a truly strong market, new highs are often followed by even more new highs. Still, I’m not planning to chase it here. I’ll wait and see if it holds above the previous high on a pullback.
What do you think?
#SOXLB

