🐋 $SOXLB hit a new 30-day low, and selling hasn’t stopped.
Current price: 60.62, below the previous low of 61.03, with 24-hour trading volume of $46.88 million.
There are often large numbers of long-position stop-loss orders below the previous low. Breaking through it can trigger a cascade of liquidations; watch for large buyers stepping in at lower levels.
#SOXLB
Current price: 60.62, below the previous low of 61.03, with 24-hour trading volume of $46.88 million.
There are often large numbers of long-position stop-loss orders below the previous low. Breaking through it can trigger a cascade of liquidations; watch for large buyers stepping in at lower levels.
#SOXLB