The SNDK strategy I shared earlier already locked in profits in the previous round. Real gains often emerge after periods of disagreement. $SOXL The bulls and bears are going at it now, but the chart tells us all we need to know: each rebound is weaker than the last, volume hasn’t followed through, and price has failed to hold above resistance after several attempts. At this point of disagreement, I’m leaning bearish.
That’s not to say there won’t be a rebound, but its strength isn’t enough to support a trend reversal. Once a key level breaks, there’ll be room for further downside. Keep a close eye on structural changes, and don’t let short-term spikes throw you off track.
🔴 Trade direction: Short
📍 Entry range: 904.8 – 94.98
🛑 Stop loss: 95.98
🎯 Take profit 1: 85.98
🎯 Take profit 2: 81.98
No need to chase the hot trend—the winds will eventually settle.
Stand alongside Sister Li, and let every moment leave an echo.
#SOXL
Click below to trade 👇
That’s not to say there won’t be a rebound, but its strength isn’t enough to support a trend reversal. Once a key level breaks, there’ll be room for further downside. Keep a close eye on structural changes, and don’t let short-term spikes throw you off track.
🔴 Trade direction: Short
📍 Entry range: 904.8 – 94.98
🛑 Stop loss: 95.98
🎯 Take profit 1: 85.98
🎯 Take profit 2: 81.98
No need to chase the hot trend—the winds will eventually settle.
Stand alongside Sister Li, and let every moment leave an echo.
#SOXL
Click below to trade 👇