The line that matters is $9.41 — the 24h high, the ceiling the tape is pressing from below. It lines up with the 7-day high too — a spot several things share.
A clean close back above $9.41 opens the upper range; stalling there keeps this a range. I'll follow up when it resolves.
$47.00 was the ceiling we flagged on $SOXSB . Price closed back above it — $47.47 now. It flips into the floor that has to hold, and the upper range is open while it does.
Clean break, or does it come back to retest $47.00?
The line that matters is $47.00 — the 24h high, the ceiling the tape is pressing from below. It lines up with the 7-day high too — a spot several things share.
A clean close back above $47.00 opens the upper range; stalling there keeps this a range. I'll follow up when it resolves.