📉 $SOXS — SHORT WATCH
$SOXS is showing signs of exhaustion after its recent strong move, with momentum potentially starting to fade.
A clear rejection or further weakness could create a potential short opportunity, with 48 as the target.
Target: 48
SL: Manage according to your position size and risk tolerance.
Wait for confirmation, avoid chasing the move, and manage risk carefully.
DYOR — Do Your Own Research
$SOXS
$SOXS is showing signs of exhaustion after its recent strong move, with momentum potentially starting to fade.
A clear rejection or further weakness could create a potential short opportunity, with 48 as the target.
Target: 48
SL: Manage according to your position size and risk tolerance.
Wait for confirmation, avoid chasing the move, and manage risk carefully.
DYOR — Do Your Own Research
$SOXS
