Risk Reward Setup in Semi's Favoring Long's

$SOXL

I’m using SOXL 0.00%↑ since I’m looking for a quick trade here, but broadly, Semi’s have recovered the post Liberation Day setup, and are approaching a bullish momentum environment (RSI over 50).

There’s a potential seasonality headwind as well, with May historically representing a strong month for the sector.

I took a shot on SOXL 0.00%↑ this morning, managing risk against the AVWAP from Liberation Day.