SOXL 4-Day Rally to $80 — Semiconductor Bull Run Still Has Legs?
3x leveraged semiconductor ETF SOXL surged 5.46% to $80.56, extending a four-session cumulative rebound to over 41%, as SNDK's Nasdaq 100 inclusion and broad chip sector strength were amplified by triple leverage. The $80 level was broken for the first time on a closing basis, with $85 as the next resistance zone. After four consecutive sessions of gains, daily reset decay is mounting — continue chasing the rally or start trimming positions?