This is the PLAN for $SOXL 👇
The chart seems cooling down after a massive RALLY, MA7 coming down towards MA25 .
And also the momentum is slowing down in MACD indicator.
Rather than taking short entries now, I recommend safe entry between 64.3 - 66
Stoploss at 67
Targets : 61.5, 59, 56
Set your stoploss at entry once tp1 hits, because it may took u turn from that point .
The chart seems cooling down after a massive RALLY, MA7 coming down towards MA25 .
And also the momentum is slowing down in MACD indicator.
Rather than taking short entries now, I recommend safe entry between 64.3 - 66
Stoploss at 67
Targets : 61.5, 59, 56
Set your stoploss at entry once tp1 hits, because it may took u turn from that point .
