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IncogNito721

SOXL Pinch

Direxion Daily Semiconductor Bull 3x Shares (AMEX:SOXL)  
IncogNito721  
AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
Trend Analysis Chart Patterns SOXL squeeze Descending Triangle pinch confused
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trendanalysis chartpattern soxl squeeze descendingtriangle pinch confused
Descending triangle squeeze between $28 zone support of December 2020 and March/May 2021 and resistant downtrend line around $34 since Jan 2022. Break down looking at $21 range, if it happens. $28 has been tested several times and could hold again.

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IncogNito721
SOXL downtrend break
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