$Advanced Micro Devices (AMD.US)$ Why is it dropping like this?

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
It's the ABC pattern of N and the abc pattern👇
It is simply an extension of last week's pattern, and if it does not exceed 140.25, I expect a breakdown.
For the ABC pattern, if it does not hold & break 140.25, it will decline.
If it follows the ABC pattern, holding & breaking at 140.25 could lead to further growth to 144.89.