- Entry
- $506.87
- Now
- $525.64 +3.7%
- Target
- —
- Score
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# SOXX is attempting to break to a new high here, but traders should pay close attention to the follow-through after the breakout. The recent selloff into the `EMA20` was the first meaningful bear breakout in a strong bull trend. In strong bull trends, the first reversal attempt usually fails, which is why bulls were able to buy the pullback aggressively and push price back toward the highs. >However, if this breakout above the recent high quickly reverses with a …
— ORIGINAL POST ·
SOXX: Near New Highs,Watch for a Failed Breakout and Range Trange
· r/investing
· May 22, 2026