$SOXL has plunged dramatically, but never short at the current bottom
Chasing the drop here is extremely risky. However, going long to catch the bottom is also risky before we see actual stabilization
$SOXL Short Strategy
· Short entry: 60 - 65 (do not short at the current bottom)
· Stop-loss: above 71
· Take-profit 1: 48
· Take-profit 2: 40
🔥SOXL Long Strategy (countertrend - high risk)
· Long entry: 40 - 42
· Stop-loss: below 37
· Take-profit 1: 55
· Take-profit 2: 62
Support me by trading here 👇$SOXL
Chasing the drop here is extremely risky. However, going long to catch the bottom is also risky before we see actual stabilization
$SOXL Short Strategy
· Short entry: 60 - 65 (do not short at the current bottom)
· Stop-loss: above 71
· Take-profit 1: 48
· Take-profit 2: 40
🔥SOXL Long Strategy (countertrend - high risk)
· Long entry: 40 - 42
· Stop-loss: below 37
· Take-profit 1: 55
· Take-profit 2: 62
Support me by trading here 👇$SOXL
