đš $SOXL MY NEXT TARGET IS GETTING CLOSER
When $SOXL was around $98â$105, I was looking at that zone as an accumulation area. Since then, the move has been massive. #SOXL reached $123.67 at the latest close, gaining 7.71% in one session, and the semiconductor sector is showing fresh strength again.
Now this is where things get interesting. The first big area Iâm watching is $140, followed by the $145â$155 zone. We already saw how quickly SOXL can move once buyers take control, so Iâm not looking at this as just another small bounce.
The setup was simple: accumulation first, breakout second, and now the next target is getting closer. If buyers keep defending the new higher levels, $145â$155 could become the next major test. Iâll be watching how price reacts there before looking for the next move.
DYOR. Not financial advice.
When $SOXL was around $98â$105, I was looking at that zone as an accumulation area. Since then, the move has been massive. #SOXL reached $123.67 at the latest close, gaining 7.71% in one session, and the semiconductor sector is showing fresh strength again.
Now this is where things get interesting. The first big area Iâm watching is $140, followed by the $145â$155 zone. We already saw how quickly SOXL can move once buyers take control, so Iâm not looking at this as just another small bounce.
The setup was simple: accumulation first, breakout second, and now the next target is getting closer. If buyers keep defending the new higher levels, $145â$155 could become the next major test. Iâll be watching how price reacts there before looking for the next move.
DYOR. Not financial advice.
