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Tariq Hussain khan
xSOXL is showing a big comeback setup right now. Looking at past swings, it dropped from a high of 169.78 down to a strong bottom at 40.13. Now trading around 59.90, it has broken above its short-term moving averages. If this momentum holds, we could see a push back toward 70.93 and eventually retest those old highs near 170. Remember, 3X semiconductor ETFs move fast. Do you think we are heading back to the top or dipping again?
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