$Direxion Semicon Bull 3X(SOXL.US)
I’m watching SOXL push toward 100, while the gap from the 20 EMA keeps stretching to an extreme.
The more aggressively it moves, the more it feels like smart money is getting ready to take profits.
Buying into this kind of strength doesn’t make sense to me, because overextended charts always come back to reality.
Just my personal view and experience, not financial advice.
@Bridge Buzz SG
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