$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ SOXS hit $38.33 and that's a 5-week low, with the price down 5 days in a row. Usually it manages at least one up day in every 5-day stretch. Even with the usual September seasonal risks, the indexes are still up so far this month. If there's no correction this month, it could come next month, but by then SOXS would have declined even more.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Here is the next setup before any upside continuation, from a 1 minute time frame perspective. We now have confirmation of a break and hold at the critical liquidity level of 45.50. The hourly RSI is indicating price is severely oversold, so a reversal is anticipated at this pivotal region on the chart. Price targets for this setup are 46.34 and 46.60+.
$Bloom Energy Corp(BE)$ Back at it, just like when it was around $350. Didn't sell a single share since then. Just bought the dips and recently started swinging a bit. Patience is key. Holding and swinging. We've already seen what this thing can do, now let's see how high it can really go.
$Bloom Energy Corp(BE)$ The AI buildout isn't stopping. They're just trying to slow the rate at which AI improves. Capex isn't really at risk. The panic seems overdone.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ I don't like holding positions overnight, but oil looks like it's about to rip higher. Combine that with a bad CPI print, and it could really take off going forward.
$SK hynix(SKHY)$ Sold some NVDA a while back and picked up 3,000 shares of SKHY at $132.47. NVDA is still my largest position, but that move turned out to be one of the better calls I've made in quite some time.