Micron Technology has come out of inventory glut correction. Kingston Technology (the solid state drive) is ramping up steadily on solid state drive! Expect Intel and AMD as well as NVDIA to report upward forecast like Micron Technology and earning beat news in April. $Semiconductor Bull 3X Shares(SOXL)$ $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$
I have a feeling it will pull back under 17 by the end of the day as the markets usually do. But still bullish though. Always expecting up and down days but I'm very optimistic over the long haul. Going long!
Last chance to buy under $17 today. Chips are coming back and soon SOXL could be trading over $50 a share, heading for $100. BOOM
SOXL swing trade did well after pulling back for three days and holding the moving average. The snapback on Wednesday filled the gap, taking it from 15.80 to 17.47. It finished up 1.49, or 9 1/2%, to 17.12, on 90.3 million shares traded. Key resistance lies at 18-18 1/2, and the next target is 22.
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