$SOXL ! In just over 4 hours, the bulls took six K lines and captured four of them. A huge bullish candle in the late session pinned the price directly at the intraday high of 121.47, just one step away from the 24h high of 121.55 — this is not a rebound, it’s a transition into the main upward phase. On the derivatives side, active buying accounted for 66.9%, the long/short ratio was 2.02, and open interest increased another 3.29% in seven hours. Incremental funds kept pouring into longs all the way; anyone shorting against new highs is just handing over meat. Enter at 120.9, reduce positions at 126, take another look at 130, close out at 134.5, and stop loss below 115.5!
