The SOXX (semiconductor sector ETF) Short Swing Trade has now hit the final official price target, T3 at 182.70, for a quick 10.9% profit in just under two weeks. Original & updated 120-minute charts below (charts may not appear on the email notification but can be view on rsotc.com).
Depending on your trading plan, consider booking partial or full profits and/or lowering your stops if holding out for additional downside in the semis. I continue to believe that the semiconductor stocks will likely have considerable more downside in the coming weeks & months and may soon add SOXX or SOXS as another Active Trade. As this was the final target for this swing trade on SOXX, this trade along with all associated posts/updates will now be moved to the Competed Trade archives for future reference.