SOXX $178, Plunge By the technical analysis, SOXX plunge into $178. AI semiconductor may be risky. NVDA may plunge to $565 till june.Shortby coincome11390
ETFs outperformed the sp500: SOXX & IYWDear traders, This comparison as is made since the fall of the COVID crisis, clearly the sectors with a remarkable evolution have been the technology sector and the semiconductor sector, in these times betting on technology and artificial intelligence is a good option, this could change but for now I feel comfortable with these investments in my portfolio. SOXX is better to wait for a bit retracemente before entry, try to look for a buying opportunities when RSI get relaxed. Best,by FITINTRADE4
Chip demand doubles every 2 yearsMoore's Law ends, so doubling of compute capacity every two years requires doubling production of chips every two years. AI revolution demands more capacity. Humans can't build chip factories fast enough.Longby bryonss01
SOXXSOXX looks set for a breather after its run-up. Expecting an 8-10% dip within its range before it bounces back up. Keep an eye out for any range breakouts signaling a change in direction. Analysis: Catching Its Breath: • SOXX’s been on the rise; now, it’s due for a cooldown to balance things out. Brace for a Dip: • Predicting a 8-10% dip within the range. Could be a chance to buy low before it heads back up. Stick to the Range: • Play it safe by trading within the range. Don’t get too adventurous. Watch Out for Surprises: • Be cautious of any sudden breakouts from the range. It could mean trouble or a new trend.Longby TriumphOne3
$SOXX Bubble brewing upNASDAQ:SOXX has some pretty bullish flags which would drive it up slightly move up but pullback is expected based off the 4hour / daily we got some rippy mode dump incoming with CPI ahead something worth keeping an eye on. 90/180VWMA CloudShortby calmstrades1
Members Daily Analysis - Jan 28 2024Watching the Yield Curve inversion closely...10's - 2's is narrowing. Weekly Reversal in the Semiconductors. Oil massive breakout! Dollar next? Tesla losing Mag 7 status...its now only 10th largest company. 16:29by Trading-Capital4
Semiconductor Monster will roarI really dislike this and I would love to short this bubble but never ever swim agaist the river...Longby BatuMeftun1
SOXX top I believe that the dashed blue/purple months are the large frame trend tops. I plan on closing my longs in this area and then looking at establishing a short position. This should align with the RSI divergence on my chart as well. Good luck!by The_Judge_Dredd2
SOX dowside MIN targets wave structure formation iThe bullmarket in Sox has reached the 5 th wave TOP as model gave me a new high from oct 2022 as it dropped in clear e wave to perfect fib relationship .50 .618 and 1.618 right at the lows I see this Bull phase Completed see charts 2000 rally phase by wavetimer3
Dont sail agaist the stream! Short SemiconductorI know semiconductor is super hype, and shorting them i quite craziness. But there is only one real king in the jungle! Nope, not NVDIA, not AMD, not APPLE. The FED almighty and the FED is not done yet!Shortby BatuMeftunUpdated 2
SOXX 1W chart with a Gravestone DojiRSI is overbought. MACD is turning. 1W chart shows a graveyard Doji. December is also usually a time where traders and hedge funds take profit. Shortby oilyprata0
keep an eye on this! 🦅SOXX recent bearish break below trend support that goes back to 2022 ☠ break of 452 and we may see another -50+ dollar move 🔴 if we can reclaim trend support/485🟢 then a rally to 563 should follow boost and follow for more.. thanks ❤Longby Vibranium_Capital2210
Semis to bottom of channel - SOXXThe SOXX (semiconductors) ETF has been playing around with this channel for almost a year. Price broke down back into the channel recently (bearish) and with NVDA earnings we tested the top of it again. My guess is it goes back to the bottom of the channel and any bounces should be a good selling opportunity. Any higher than 518 and this idea will be invalid - good luck!Shortby the_sunshipUpdated 557
SOXX Harmonic Elliott Wave and Hurst's Cyclic AnalysisOverview: in the previous update I published on May 27th, I had SOXX close to the completion of wave (III) of c of 3 of (A) of 5. Update: our proposed structure/path has been followed nicely. Analysis of the structure: I think we are in wave 4 of (A) of 5 developing as a flat correction. Note that wave (IV) of c of 3 also developed as a flat correction, complicating the analysis of this chart a bit. Based on the fib retracement of wave 3, I see 486.74 or 467.62 as my potential targets for wave 4 bottom. Analysis of the cycles: we are in the second 40D cycle of the second 80D cycle of the first 20W cycle of a 40W cycle. The upcoming 20W cycle is expected at the end of August. We have not yet seen any FLD breaks to the downside to generate targets.by bamdadsalariehUpdated 115
Bearish Cypher on Weekly Semiconductor ETFAD showing overbought, and also showing previous support is now acting as resistances. D leg failing to breakout above past money flow breakout level on X leg... Looking to set up a Swing Trade ShortShortby moneyflow_traderUpdated 3
SOXXlooking like new all time highs for this etf, could get rejeced but well see ho they play itby gl0bu2
Golden Cross ETF – Strong Bullish Pattern - $1000 Price TargetThis is a once in a lifetime opportunity to go long with SOXX. The arrival of the golden cross is a strong bullish pattern for the ETF. $1000 price target by end of 2025.Longby gvoommen0
Semiconductor ETF Harmonic Elliott Wave AnalysisThis chart was requested. I see SOXX close to the completion of wave (III) of c of 3 of (A) of 5.by bamdadsalarieh224
$SOXX head & shoulder topYou don't often see a short set up as perfect as this. Head and shoulder topping pattern with a broken trend line and failed re-test of it. Target 176Shortby kyletradescontracts220
SOX INDEX AND WHY THE LOW 5/4/2023 MUST HOLDThe chart posted is that of the chip sector . The put back was almost perfect to the long term trendline . So I keep it VERY SIMPLE if that low breaks run DO NOT WALK to the exit and do not buy back it for any reason by wavetimer3
SOXX bullish reversalSOXX has been in a bull move since inception right now according to FIB golden pcoket its right at the resistance level of 0.5 so 440 to 454 will make confirmation of the bull reversal Given the recent movement it seems like it will make that break with slight correction periods and will be on its way back to its highs of 500+ Entry @ CMP Longby vortexTradingSolutions1
I like 5G technologyRead more about this ETF here If you have always wanted to buy shares like Qualcomm, Nvidia, Micron, TSMC, Marvel Technology,etc , perhaps this ETF is a good option. I like that it has a fairly small components of only 30 stocks and a relatively low expense ratio. More importantly, the 5G technological trend will drive the global demand for chips industries tremendously.Longby dchua1969Updated 223
short SOXXstraight up to prev resistance and reversed. Semi overall in a cyclical down trend, dead cat bounce may have reached its endShortby ReactReflect0