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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (211800)	5/12/2025 10:17:00 AM
From: Augustus Gloop	1 Recommendation Recommended By toccodolce Read Replies (2) \| Respond to of 223042

We have a pretty fat gap. That doesn't mean it's going to pull back but gaps generally get filled The RSI on the COMP and SOXL is about 66 ( I call the RSI the yard line like in football). In theory you try to buy at the 30 yard line (or less) and sell at the 70 yard line (or better). On (point & figure) another chart, SOXL is right at a downtrend line ($17.00). A print of 18 would break that downtrend. The current pattern is an ascending triple top breakout. It's a very reliable pattern longer term. The current bullish price objective is $20.00 None of this means jack in a violent rally but they're things to keep an eye on