Dec 10, 2021 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Ishares Semiconductor Etf /zigman2/quotes/209255350/composite SOXX +3.91% with integrated risk controls.
The trading plans were valid at the time this was published, but the support and resistance levels for SOXX change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
Protection from Market Crashes: Subscribers also get our Tail Risk hedge, Evitar Corte
Use the basic rules of Technical Analysis. Here are some examples: if SOXX is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for SOXX too. All of these are offered here: Access our Real Time Trading Plans
Buy SOXX over 523.14 target n/a stop loss @ 521.63.
Buy SOXX over 549.69, target n/a, Stop Loss @ 548.1
Short SOXX near 549.69, target 529.57, Stop Loss @ 551.28.
Buy SOXX over 540.26, target 549.69, Stop Loss @ 539
Short SOXX near 540.26, target 529.57, Stop Loss @ 541.52.
SOXX Technical Summary | Raw Data for the Trading Plans
Is there a problem with this press release? Contact the source provider Comtex at email@example.com. You can also contact MarketWatch Customer Service via our Customer Center.