$SOXSB is doing something I like on the 1H: price keeps accepting higher despite volume fading.

At 53.95, it’s still above the rising MA7 at 53.46, while MA25 is much lower at 49.96. The important detail is that the pullbacks after 54.71 have stayed shallow instead of retracing the impulse.

LONG idea

Entry: 53.45–53.75
SL: 52.85
TP1: 54.70
TP2: 55.40
TP3: 56.20

I’d only keep the bullish thesis while 53.30–53.45 holds. A clean 1H close below that area would tell me the staircase is starting to break.

$BMT needs a different approach.

Price at 0.02658 is slightly below MA7 at 0.02685 after rejecting 0.02956. That means the larger structure is still constructive above MA25 at 0.02403, but short-term momentum has stalled.

For BMT, I wouldn’t chase current price.

Better LONG trigger: 1H reclaim of 0.02690–0.02710
Entry: 0.02690–0.02710
SL: 0.02555
TP1: 0.02775
TP2: 0.02860
TP3: 0.02950

Alternative: if 0.02555 fails before the reclaim, I’d rather wait for 0.0248–0.0240 than force a long.

Between the two, SOXSB has the cleaner continuation structure. BMT needs confirmation first.
#BMT #SOXSB
Which setup would you actually take here?