$SOXL – Quick Take
Price: 159.20 (-3.38%)
Medium-term trend is still up, but short-term looks weak.
• Trading below MA7 (164.00) & MA25 (164.09)
• Sitting right at the 24h low
• Rejected hard from 169.82
Not a clean long here.
Better to wait for a reclaim of 162.50 – 164 with volume before looking long.
Patience > FOMO.
$SOXL
Price: 159.20 (-3.38%)
Medium-term trend is still up, but short-term looks weak.
• Trading below MA7 (164.00) & MA25 (164.09)
• Sitting right at the 24h low
• Rejected hard from 169.82
Not a clean long here.
Better to wait for a reclaim of 162.50 – 164 with volume before looking long.
Patience > FOMO.
$SOXL
