SOXS goes LONG Inversing SOXL
SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one. Many semi
conductor stocks have had major price runs upside. The time has come to watch them
for reversals. I will close my SOXL position in favor of a new long trade in SOXS.
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one. Many semi
conductor stocks have had major price runs upside. The time has come to watch them
for reversals. I will close my SOXL position in favor of a new long trade in SOXS.
עסקה פעילה:
Zoom in view of pivots and mass index indicator
הערה:
is shown here:
הערה:
See this related idea
עסקה פעילה:
Scalping chart with indicators including an AI algo to fine tune moves for profit.