$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ so we went right to the upper limit which is a resistance and it's rolled over. there is a change because of broadcom a few analysts are talking with a lot more confidence going forward that the visibility is what was lacking and you've had several key players in the past few weeks come out and provide visibility through 2026 through 2027.. so I think these are the early birds that are accumulating positions for their clients their institutional clients now.
it's just going to require time I think and it may be in the next year to get through the tax loss selling that's taking place with a lot of Chip stocks. I think when Jensen meets with Trump and he has to because you've got bezos who's meeting with him you already had Zuckerberg obviously Elon Musk is there all the time so Jensen must sit down with Trump and behind the doors hash things out what's going to happen with the their chips / gpus being used as a tactical point of leverage against China. and I think once this is resolved and Jensen comes out and tells the world Nvidia stock will rally significantly. and I think that's what's lacking right now for this basket to reverse breakthrough and head into the mid upper 30s and ultimately I think into the $40 range
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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