Semis May Be Trying to Find Support Near SOX’s 200-Day SMA
2:55 p.m. ET There are some early signs of some “dip” buyers, if a 1-day -7.5% decline qualifies as a dip. If SOX closes where it is sitting now, it will be the biggest 1-day decline since the Covid crash of 2020. For semiconductors , it’s around the SOX $4768 area. Obviously there are larger…