đą #SOXL Liquidated Short: $64.9K at $152.29
đ Another Short Gets Forced Out!
A $64.9K short liquidation at $152.29 puts the spotlight back on SOXLâs upside momentum. The latest Direxion data has SOXL around the $151.55 area, while the fund targets 300% of the daily performance of the NYSE Semiconductor Index.
đŻ Momentum Zone: $152.29
If SOXL holds above $152.29, buyers could attempt to extend the move toward $154â$156. A rejection and drop back below the liquidation level would weaken the squeeze and could invite short-term profit-taking.
đ Signal Desk View:
Short-term momentum: cautiously bullish above $152.29.
â ïž SOXL is a 3Ă leveraged ETF designed for daily objectives, so sharp moves can develop quickly in either direction.
đ„ $64.9K shorts wiped out â SOXL is pressing higher. Now the key question is whether buyers can turn this squeeze into sustained momentum.
#SOXL #Semiconductors #ETF #Trading #Liquidation #Stocks #MarketSignals
đ Another Short Gets Forced Out!
A $64.9K short liquidation at $152.29 puts the spotlight back on SOXLâs upside momentum. The latest Direxion data has SOXL around the $151.55 area, while the fund targets 300% of the daily performance of the NYSE Semiconductor Index.
đŻ Momentum Zone: $152.29
If SOXL holds above $152.29, buyers could attempt to extend the move toward $154â$156. A rejection and drop back below the liquidation level would weaken the squeeze and could invite short-term profit-taking.
đ Signal Desk View:
Short-term momentum: cautiously bullish above $152.29.
â ïž SOXL is a 3Ă leveraged ETF designed for daily objectives, so sharp moves can develop quickly in either direction.
đ„ $64.9K shorts wiped out â SOXL is pressing higher. Now the key question is whether buyers can turn this squeeze into sustained momentum.
#SOXL #Semiconductors #ETF #Trading #Liquidation #Stocks #MarketSignals