SOXX (semiconductor ETF) just hit the first price target (T1) for a quick 1-day profit of 6.5% (or roughly 20% for SOXS). Depending on your trading plan, consider booking partial or full profits and/or lowering stops if holding out for T2 or the potential longer-term trend target. Previous (yesterday’s & today’s previous) and updated 60-minute charts below.
SOXX 60m Aug 8th
SOXX 60m Aug 9th
SOXX 60m 2 Aug 9th