The SNDK strategy I shared earlier already took profit in the previous round. Unusual moves and traps often show up together. With $SOXL pulling back to the trendline this time, I’m more inclined to see it as a shakeout rather than a trend reversal. Take a look: the price is hugging support, and volume hasn’t surged on heavy selling. That suggests there aren’t many panic sellers; instead, it looks like the market is waiting for a confirmation signal. Our rationale for going long is simple: if support holds, 124 is the first hurdle above. Only after breaking through that do we have room to reach 127 and 130.
114 is the line in the sand. If it breaks, we admit we were wrong; if it holds, we stay with the setup. There’s no need to rush in at a level like this. Waiting for a confirmed pullback before acting is much more comfortable than entering emotionally.
🟢 Trade direction: Long
📍 Entry range: 119.99 – 121.99
🛑 Stop loss: 113.99
🎯 Take profit 1: 123.99
🎯 Take profit 2: 126.99
🎯 Take profit 3: 129.99
🎯 Take profit 4: 139.99
There’s no need to chase the prevailing trend; it will come to you.
Stand by my side, and let every moment resonate.
#SOXL
Click below to trade 👇
114 is the line in the sand. If it breaks, we admit we were wrong; if it holds, we stay with the setup. There’s no need to rush in at a level like this. Waiting for a confirmed pullback before acting is much more comfortable than entering emotionally.
🟢 Trade direction: Long
📍 Entry range: 119.99 – 121.99
🛑 Stop loss: 113.99
🎯 Take profit 1: 123.99
🎯 Take profit 2: 126.99
🎯 Take profit 3: 129.99
🎯 Take profit 4: 139.99
There’s no need to chase the prevailing trend; it will come to you.
Stand by my side, and let every moment resonate.
#SOXL
Click below to trade 👇