SOXX ETF Rises 2% To Intraday High After Key Trading Signal

Core Insights - iShares Semiconductor ETF (NASDAQ:SOXX) triggered a significant Power Inflow alert, indicating bullish sentiment among traders based on order flow analytics [3][4] Power Inflow Signal - The Power Inflow alert is a proprietary signal from TradePulse, highlighting a strong trend towards buying activity within the first two hours of trading, suggesting a high probability of bullish price movement for the day [5][6] - At 10:15 AM EST on November 26th, SOXX's price was $287.32 when the Power Inflow signal was triggered, leading to increased buying interest from both retail and institutional traders [4][5] SOXX Performance - Following the Power Inflow signal, SOXX reached an intraday high of $293.02 by 2:45 PM EST, reflecting a gain of 1.98% from the initial price [7] - The alert demonstrated the effectiveness of real-time order flow analytics in revealing bullish momentum, particularly during periods of stagnant stock prices, providing traders with a potential buying opportunity [7]