NASDAQ:SOXX   iShares Semiconductor ETF
Semiconductors/chips continue to be an essential part of everything around the globe.

For a year, we have maintained an upward trend, which is being tested today.

There are clear outperformers in the industry, but it is clearly been working for all of them as a whole.

When we have touched the trend line in the past, we have had a 50 point gain, which has happened through 2 weeks approximately. That gives us a target of around $505.

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