Let’s talk about $SOXLB just now: +10.96% in 1 hour.
My take on this kind of surge is: don’t chase the first move; wait for a pullback to stabilize before considering it. I have a habit of taking a screenshot when I spot this kind of unusual move, then checking back a little later to see how it played out.
My take on this kind of surge is: don’t chase the first move; wait for a pullback to stabilize before considering it. I have a habit of taking a screenshot when I spot this kind of unusual move, then checking back a little later to see how it played out.