T3 Live
Shares

SOX Rolls Up To Reistance

Shares

The semiconductors have been darling's of the bulls for the last year.

The SOX has hardly had a hiccup since tracing out a triple bottom backtest of the 2007 high.

However, a clear 5 waves up from the 2009 low may be on the table with the SOX tagging the upper rail of a parallel channel again.

Does this look like a good spot to buy or sell the semi's?

Leave a Comment: