Comments on: SOXX Semiconductor ETF 2nd Price Target Hit For 15% Profit https://rightsideofthechart.com/soxx-semiconductor-etf-2nd-price-target-hit-for-15-profit/ Stock Trading, Investing & Market Analysis Mon, 23 Jan 2023 00:14:31 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: @GEOTRDR https://rightsideofthechart.com/soxx-semiconductor-etf-2nd-price-target-hit-for-15-profit/#comment-24436 Sat, 23 Jul 2022 03:40:32 +0000 https://rightsideofthechart.com/?p=208744#comment-24436 In reply to rsotc.

ok thanks…

]]> By: rsotc https://rightsideofthechart.com/soxx-semiconductor-etf-2nd-price-target-hit-for-15-profit/#comment-24415 Thu, 21 Jul 2022 17:59:08 +0000 https://rightsideofthechart.com/?p=208744#comment-24415 In reply to @GEOTRDR.

If you are referring to the June 16th lows, there are 2 answers to that question:
1) As asked, I would say the chances are quite favorable that we take out those previous lows.
2) The more detailed response is that I think the odds are relatively low (30-35%) that the market drops from or around current levels & takes out those lows soon (in the coming days to weeks). As of now, I think the odds still favor more upside in the coming weeks & possibly months, maybe another ~10% or so of this current bear market rally, followed by the next leg down in the larger bear market that started in the Nasdaq back in Nov.

My thoughts can & likely will change if the charts convince me but as of today, that’s my preference scenario (same as it’s been for about the past 6 weeks).

]]> By: @GEOTRDR https://rightsideofthechart.com/soxx-semiconductor-etf-2nd-price-target-hit-for-15-profit/#comment-24412 Thu, 21 Jul 2022 14:40:24 +0000 https://rightsideofthechart.com/?p=208744#comment-24412 What are the chances that we continue to drop to/thru previous lows??

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