$SOXL Strong downtrend. Given the bearish momentum and failure to hold above the 100 level, the path of least resistance remains downward. Favor short positions on any modest rebound toward the breakdown support zone.
$SOXL Short Trade Plan
· Short entry: 100 to 105 (retest of the breakdown level)
· Stop-loss: Above 110
· Take-profit 1: 90 (psychological support)
· Take-profit 2: 85 (major support zone)
Support me by trading here 👇#soxl
$SOXL Short Trade Plan
· Short entry: 100 to 105 (retest of the breakdown level)
· Stop-loss: Above 110
· Take-profit 1: 90 (psychological support)
· Take-profit 2: 85 (major support zone)
Support me by trading here 👇#soxl