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This wave of $SOXL 's pullback is very clear, and the profit margin for short positions has already opened.
When the previous market was just moving, it was repeatedly testing around 229.12, the rebound failed to stabilize, and capital absorption clearly weakened, the market started to weaken, and my approach was to go short.
The price reached 195.75, +287.28% has already been realized on the books, and the rhythm has been established.
Later, stay a bit more stable, take 85% first, and keep the remaining 15% to see if there is a second wave.
Those in the car should stick to discipline, don't forget to set stop-losses, and don't panic if there's a rebound later; for those who didn't follow, wait for the next wave, the market isn't short of opportunities.
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