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(Photo) Honestly, the semiconductor chart doesn't make sense right now..

Created at Aug 04, 2026 12:53:57 / Updated at Aug 04, 2026 12:55:04
149.**.48.72

It's a chart where you couldn't complain even if SOXX drops at least another 30% (~75% for SOXL)..

(Photo) Honestly, the semiconductor chart doesn't make sense right now..

Tags: SOXL SOXX

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Comments 9

78.**.187.134 (Created at Aug 04, 2026 12:58:47) | Reply
Just what kind of P/E ratio do you think makes sense? Seriously... Are you just throwing things like net profit growth to the dogs? A post not even worth talking about at length.

246.**.39.162 (Created at Aug 04, 2026 12:58:29) | Reply
Does "making sense" just mean that you like the look of the chart, OP? Hahaha. You sound just like the people who believed it made sense for the sky to revolve around the Earth.

189.**.13.94 (Created at Aug 04, 2026 12:58:12) | Reply
Writing that is practically at the level of pollution.

133.**.70.57 (Created at Aug 04, 2026 12:57:53) | Reply
You're still learning how to read charts, aren't you?
Looking at the long-term monthly chart, an upward parallel channel making higher lows is clearly visible, so I'm saying this because you're blindly shouting about a 30% crash without even drawing a single channel line.
Even if you break it down into daily charts, the standard practice is to establish response criteria while checking long-term trend lines or key moving average support levels; pulling up a monthly chart and stoking fear with simple drop figures relative to the peak is completely meaningless.

215.**.130.51 (Created at Aug 04, 2026 12:57:31) | Reply
What can you even explain with that chart? Check the holdings; those stocks would have to be cut in half for the 30% drop the OP wants to happen.

156.**.145.144 (Created at Aug 04, 2026 12:56:25) | Reply
Times have changed, you know. Are you really living without feeling any difference at all in the many areas AI has taken over???

44.**.128.105 (Created at Aug 04, 2026 12:56:04) | Reply
An almost revolutionary, industry-wide restructuring is taking place. It's only natural that it can't be explained by existing charts.

92.**.5.164 (Created at Aug 04, 2026 12:56:53) Like

This is a major shift of a kind we've never seen before, so isn't it obvious that it can't be explained by existing charts?

189.**.230.24 (Created at Aug 04, 2026 12:57:12) Like

It can't be explained with a chart.

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