Semiconductor Stocks Have Already Crashed !
If you are looking for reasons why big money investors are
selling the US stock market in September, a closer look
at the Semiconductor ETF SOXL,
shows that stocks in the Philadelphia Semiconductor Index have already crashed !
From a high of $70 in April 2024, this ETF was priced and trading at 25.96 on Friday.
Big trouble now lies ahead if this ETF takes out its recent $23 Low.
Traders looking to short Semiconductor Stocks,on a crash
should use SOXS,.. which has already risen 50 % this summer alone.
SOXL 25.96 Close 9/6/24
THE_UNWIND
WOODS OF CONNECTICUT
selling the US stock market in September, a closer look
at the Semiconductor ETF SOXL,
shows that stocks in the Philadelphia Semiconductor Index have already crashed !
From a high of $70 in April 2024, this ETF was priced and trading at 25.96 on Friday.
Big trouble now lies ahead if this ETF takes out its recent $23 Low.
Traders looking to short Semiconductor Stocks,on a crash
should use SOXS,.. which has already risen 50 % this summer alone.
SOXL 25.96 Close 9/6/24
THE_UNWIND
WOODS OF CONNECTICUT
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.