The semiconductor sector is currently in a manageable correction phase.
The bottom formation in the area of the large, bullish order block is clearly recognizable.
We therefore remain optimistic for SOXX and select the accumulation point of the FairValueGap and BalancePriceRange at 257.87 points as our take profit.
The bottom formation in the area of the large, bullish order block is clearly recognizable.
We therefore remain optimistic for SOXX and select the accumulation point of the FairValueGap and BalancePriceRange at 257.87 points as our take profit.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.