$SOXLB getting hit again today, down about 10% and sitting near 93 now.
it tried to break 105 yesterday and got rejected right at the 4H EMA50, then three red 4H candles in a row overnight. remember this is the 3x chip ETF token so moves like this are normal for it, both ways 😅
for me 91.5 is the spot. that held the bounce on Oct 19, lose it on a 4H close and the 88 low is next, maybe 86.
if it gets back over 100 and holds, then I'd say the dip got bought and the range is still alive.
anyone trading the b stocks on here or just watching?
nfa, leveraged stuff, keep it small
#SOXLB #BinanceStocks #Write2Earn
it tried to break 105 yesterday and got rejected right at the 4H EMA50, then three red 4H candles in a row overnight. remember this is the 3x chip ETF token so moves like this are normal for it, both ways 😅
for me 91.5 is the spot. that held the bounce on Oct 19, lose it on a 4H close and the 88 low is next, maybe 86.
if it gets back over 100 and holds, then I'd say the dip got bought and the range is still alive.
anyone trading the b stocks on here or just watching?
nfa, leveraged stuff, keep it small
#SOXLB #BinanceStocks #Write2Earn