SOXS setup looking spicy for Monday, anyone else eyeing the 3x inverse semis trade?

SOXS again on Monday. That chart setup has been floating around and honestly, it's hard to ignore.

Semis have been running hot, and a 3x inverse like SOXS is basically asking for trouble if you mistime it. But the pattern's got people talking — pulled up the overnight action and it's sitting at $3.49, off a bit from Friday's close.

Ngl, 3x leveraged inverse ETFs aren't something to hold long. Decay is brutal if it chops sideways. But for a quick swing when semis look toppy? Kinda hard to pass up when the setup lines up.

Not a fundamental call at all. Pure chart watch. Semis have been bid up so much that any rotation hits this thing like a rocket the other way, which is probably why it's drawing attention over on moomoo.

Saw a few folks posting their entries after Friday's drop — comments were all over the place, some were like "I'm in," others just hit 'em with the "good luck with that decay" lol. Seems like the main thing everyone's trying to figure out is how long to actually hold something like this without getting eaten alive. A couple people said they never hold more than a day or two, some just scalp it and bounce.

Anyone else watching this one? Curious what the move is for everyone else.