🟢 #SOXL Liquidated Short: $64.9K at $152.29
🚀 Another Short Gets Forced Out!
A $64.9K short liquidation at $152.29 puts the spotlight back on SOXL’s 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.
🎯 Momentum Zone: $152.29
If SOXL holds above $152.29, buyers could attempt to extend the move toward $154–$156. A rejection and drop back below the liquidation level would weaken the squeeze and could invite short-term profit-taking.
📊 Signal Desk View:
Short-term momentum: cautiously bullish above $152.29.
⚠️ SOXL is a 3× leveraged ETF designed for daily objectives, so sharp moves can develop quickly in either direction.
🔥 $64.9K shorts wiped out — 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
🚀 Another Short Gets Forced Out!
A $64.9K short liquidation at $152.29 puts the spotlight back on SOXL’s 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.
🎯 Momentum Zone: $152.29
If SOXL holds above $152.29, buyers could attempt to extend the move toward $154–$156. A rejection and drop back below the liquidation level would weaken the squeeze and could invite short-term profit-taking.
📊 Signal Desk View:
Short-term momentum: cautiously bullish above $152.29.
⚠️ SOXL is a 3× leveraged ETF designed for daily objectives, so sharp moves can develop quickly in either direction.
🔥 $64.9K shorts wiped out — 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