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Tuesday, March 9, 2021

Short squeeze in Semiconductors 3/9/2021

 Tweeted out this $SOX chart yesterday afternoon, when I noticed that the rug had been pulled out on the Semiconductors rally. The bid was lowered at the open, in order to break support, from the previous trading day (Friday). 

I'm expecting a massive 15 - 20% move in $SOXL today, but don't fall in love with the upside. 

Take Care, AA 

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