A bear ETF pumping 15%? That's the market begging for a rebound." 🐻🔄
SOXS — a 3x bear semiconductor fund — just ripped 15%+ from 49 to 59. That means semis got destroyed. But when a bear product rallies this hard, it's often a signal that the selling is exhausted. The EMAs are stacked bullish, the volume is heavy, and the MACD is still green.
If 59.50 breaks, we run to 61.00.
My long trade:
Entry: 59.00 (current)
SL: 56.50
Targets: 60.50 / 62.00
The bears are celebrating. I'm buying the hangover.
LIKE & SHARE if you're fading the fear. 🚀
#SOXS $SOXS
SOXS — a 3x bear semiconductor fund — just ripped 15%+ from 49 to 59. That means semis got destroyed. But when a bear product rallies this hard, it's often a signal that the selling is exhausted. The EMAs are stacked bullish, the volume is heavy, and the MACD is still green.
If 59.50 breaks, we run to 61.00.
My long trade:
Entry: 59.00 (current)
SL: 56.50
Targets: 60.50 / 62.00
The bears are celebrating. I'm buying the hangover.
LIKE & SHARE if you're fading the fear. 🚀
#SOXS $SOXS