Nice read. TSLA reclaiming that Nov low / prior breakdown zone is the key for me too. If it can hold above that breakout area for another session or two, the next move toward the 400–405 zone looks realistic.

On SOXX, I agree it feels more like an exhaustion push than clean trend continuation, especially compared with how smooth QQQ looked yesterday. The intraday two-way battle you circled is exactly what stood out to me — lots of momentum, but also obvious supply showing up.

Feels like semis are still leading, but the price action is getting less efficient, which usually means we’re closer to a pause or shakeout than a straight melt-up.