$SOXSB BULLS ARE RUNNING WILD ... $50 IN SIGHT?
$SOXSB just made a massive move, surging nearly 25% to $46.48. Buyers are showing strong momentum, and I'm watching to see if this breakout has more room to run.
LONG TRADE IDEA
Entry Zone: $45.50–$46.50
TP1: $48.00
TP2: $50.00
TP3: $52.00
Stop Loss: $43.80
A clean break above $46.52 could trigger another move higher toward $48 and potentially $50. If momentum continues, $52 becomes the next upside level I'm watching.
But after such a sharp rally, I wouldn't chase the price blindly. A pullback or retest could offer a better entry, while a break below $43.80 would invalidate this setup.
The big question now is whether buyers can maintain this momentum or if sellers are ready to step in.
Can $SOXSB break $50, or is a cooldown coming first?
$SOXSB just made a massive move, surging nearly 25% to $46.48. Buyers are showing strong momentum, and I'm watching to see if this breakout has more room to run.
LONG TRADE IDEA
Entry Zone: $45.50–$46.50
TP1: $48.00
TP2: $50.00
TP3: $52.00
Stop Loss: $43.80
A clean break above $46.52 could trigger another move higher toward $48 and potentially $50. If momentum continues, $52 becomes the next upside level I'm watching.
But after such a sharp rally, I wouldn't chase the price blindly. A pullback or retest could offer a better entry, while a break below $43.80 would invalidate this setup.
The big question now is whether buyers can maintain this momentum or if sellers are ready to step in.
Can $SOXSB break $50, or is a cooldown coming first?