🚀 SOXLB: Our Bullish Prediction Was Right! What's Next?
Remember our previous analysis when SOXLB was trading around $55.56?
We identified $62 as the critical resistance, with potential upside targets of $65.50–$70.00.
The market delivered! SOXLB has now reached $64.59, gaining approximately 16.2% from our previous reference price and breaking above the key $62 resistance.
📊 Updated Technical Outlook (4H):
Current Price: $64.59
Bollinger Upper Band: $67.26
Middle Band: $53.54
Lower Band: $39.83
Key Levels:
Resistance: $65.50–$67.26
Support: $62.00
Secondary Support: $58.00–$60.00
Next Bullish Target: $70.00
🔥 What's Next?
The bullish structure remains intact, but SOXLB is approaching the upper Bollinger Band. A healthy pullback toward $62 could provide a better opportunity than chasing the current rally.
A confirmed breakout above $67.26 would strengthen the bullish continuation scenario.
Our previous $62 breakout thesis played out. Now the question is: Can SOXLB reach $70?
What do you think?
$SOXLB
Remember our previous analysis when SOXLB was trading around $55.56?
We identified $62 as the critical resistance, with potential upside targets of $65.50–$70.00.
The market delivered! SOXLB has now reached $64.59, gaining approximately 16.2% from our previous reference price and breaking above the key $62 resistance.
📊 Updated Technical Outlook (4H):
Current Price: $64.59
Bollinger Upper Band: $67.26
Middle Band: $53.54
Lower Band: $39.83
Key Levels:
Resistance: $65.50–$67.26
Support: $62.00
Secondary Support: $58.00–$60.00
Next Bullish Target: $70.00
🔥 What's Next?
The bullish structure remains intact, but SOXLB is approaching the upper Bollinger Band. A healthy pullback toward $62 could provide a better opportunity than chasing the current rally.
A confirmed breakout above $67.26 would strengthen the bullish continuation scenario.
Our previous $62 breakout thesis played out. Now the question is: Can SOXLB reach $70?
What do you think?
$SOXLB
