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RizeSenpai
Mar 7, 2024 9:32 PM

SOXL: Logscale Bearish Gartley at Trendline Resistance Short

Direxion Daily Semiconductor Bull 3x SharesArca

Description

SOXL has reached the Logscale 0.886 of this potential Logscale Bearish Deep Gartley which aligns with the upper trendline of the channel it has been trading within. If it plays out, I think we could see SOXL come down to the lower trendline and perhaps even lower. This May be sparked by a selloff in NVDA and AVGO.
Comments
practicalAutho2426
Do we any new suggestion on this
elenaec
do you expect it back towards $11 ? thank you , Its March /April , time for a big flush ! Thank you
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