-27.09% in just one day. $SOXLB plunged from its highs straight to 45.45, without even a chance to catch its breath.
The 24-hour trading volume is 106 million. With volume like this, it’s not that nobody’s trading—people are scrambling to change hands. The hole left by panic selling is often made more decisively than a slow, steady decline.
The sharper the drop, the more unreasonable the rebound can be. At levels like this, keep a steady hand while watching the market—any movement in the order book could be an opportunity. What price are you planning to buy at? #Market
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The above is for reference only and does not constitute investment advice. Please make your own independent judgments.