$SOXLB 5-minute pullback of 3.16%, with the current price at 141.05. There are two possible scenarios from here:
① If it stabilizes and recovers to the point where the decline began, this move looks more like a shakeout.
② If the rebound is weak and it falls below the 24-hour low of 136.36, the downtrend may continue.
I’d personally wait for signs of stabilization before making a judgment. What do you think will happen next?
#SOXLB
Make your own decisions when buying or selling—don’t just follow the crowd.
① If it stabilizes and recovers to the point where the decline began, this move looks more like a shakeout.
② If the rebound is weak and it falls below the 24-hour low of 136.36, the downtrend may continue.
I’d personally wait for signs of stabilization before making a judgment. What do you think will happen next?
#SOXLB
Make your own decisions when buying or selling—don’t just follow the crowd.