The SOXX (semiconductor ETF) swing trade hit T1 for a 3% profit, reversing from there to close above 479 at 482.73 yesterday, triggering the suggested stop* for a 7% loss (calculated at yesterday’s closing price) for those that didn’t book partial or full profits at T1. Previous & updated 60-minute charts below with a video updating most or all of the Active Trades & recently Completed Trade ideas to follow soon (after the next post updating the KHC long trade, which just hit the first price target today).
SOXX 60m April 27th
SOXX 60m April 28th
SOXX-60m-May-4th
SOXX 60m May 6th
I plan to cover SOXX in the upcoming video, & still very much on watch for the next sell signal on either a break below that same purple uptrend line and/or any potential bearish reversal candles or candlestick patterns.
*The suggested stop was recently revised from any move above 479 to a daily close above it.