The SOXX (semiconductor ETF) long swing trade has hit T3 (3rd price target at 416.31) for a ~22% profit from the July 6th entry. While this trade had one more target (T4), upon further review of the charts I am revising T3 to the final target & also adding SOXX (or SOXS, the -3x semi ETF) as a new swing short trade with price targets TBD (although the former T1 around 378.50 will likely be the final & possibly sole target).
With the trend still clearly bullish in the semis at this time, a more conventional/less aggressive entry would be to wait for a solid break and/or 60-minute close below the bearish rising wedge on the updated (last) chart below. Previous & updated 60-minute charts below.
SOXX 60m July 6th
SOXX 60m July 21st
SOXX 60m Aug 8th