$SOXSB — LONG SETUP
📈 Direction: LONG
Entry: $50–$52 after confirmation
🎯 TP1: $58.30 | TP2: $63.00 | TP3: $69.00
🛑 Stop-loss: $46.80
Confirmation: Watch for price to hold above $48 and break $52 with strong volume.
Why LONG? Price is above MA(7) and MA(25), showing strong upward momentum.
Important: SOXSB is a 3x leveraged semiconductor bear ETF. A long position is a bearish bet on semiconductor stocks, and carries high risk.
DYOR.
📈 Direction: LONG
Entry: $50–$52 after confirmation
🎯 TP1: $58.30 | TP2: $63.00 | TP3: $69.00
🛑 Stop-loss: $46.80
Confirmation: Watch for price to hold above $48 and break $52 with strong volume.
Why LONG? Price is above MA(7) and MA(25), showing strong upward momentum.
Important: SOXSB is a 3x leveraged semiconductor bear ETF. A long position is a bearish bet on semiconductor stocks, and carries high risk.
DYOR.
