I had about a 1/2 load, looking to add more, thinking the bottom trendline would hold. This morning, $SOXL opened below that trendline for a bearish breakdown. So, I am out. Will look to re-enter when better news concerning semiconductors start hitting the headlines.
p.s. Added a bit more to my $LABU this morning.
The two options plays I was kicking around, $DBN and $XLC are not ready for call purchases.
Slow Monday.
$SOXL daily chart showing breakdown from up channel: