As per today’s video, SOXX (semiconductor sector ETF) offers an objective short entry here following the recent breakdown below the bearish rising wedge pattern and/or on a solid break below the S1 support zone (as well as breakdowns below the current or nearby support levels on the key stocks highlighted in today’s video). Stops should be commensurate with one’s preferred price target(s), using a favorable R/R or 3:1 or better. Daily chart below.
SOXX daily July 22nd