SOXLSPY Volume Profile Explains the recent horizontal channel
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Now you can see resistance around 129 where the volume profile spikes. If it pushes past 194 there is a likelihood of an ATH run.
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It's back at that support level ataround 157. If it goes to 150 it will probably go down to 140 for next support change. After 140 it could drop to 120ish for next support.