SOXS at support for LONG SWING SETUP

SOXS

Reports are the semiconductor secotr is presently challenged with rising costs

and lower production orders.

SOXS is in a flat bottom triangle with price now at its base.

The RSI Oscillator is in mid-range suggesting price has upside.

The relative volume has been increased in the past two weeks.

I see this as a swing long setup with the target 30-40& above

the current market price in the mid-Fibonacci retracement range.