$SOXL Single-day -17.88% explosive rally against the bulls, my unrealized loss is only 7%. Yesterday I entered at 356.7 with 30% position, now it feels like being caught in a door. Don’t rush to bottom fish, here is my hardcore reversal plan.

Real-time data: current price 244.47, intraday low 231.67, trading volume $930 million — panic selling is happening, but not enough to see the bottom. 24h high 302.23, this price level is the dividing line between bulls and bears.
【Complete Trading Plan】 - Position: 30% of the position (cost 356.7), currently about 31% unrealized loss, but full position is three times the unrealized loss, I still have 70% cash. - Operation: Do not add to position at current price. Wait for the 251-255 range to chase in 10% for T+ (intraday rebound resistance level), set stop loss below 238, target profit at 265-270. If it breaks below 231.67, divide remaining cash into two batches: buy the dip 20% at 209-215, buy the dip 20% at 195-202, sell T+ at 235-240 on rebound, keep the core position above 300. - Stop-loss bottom line: if the close drops below 200, fully liquidate and admit mistake, losing 20% is better than going to zero.
【Two Scenario Predictions】 1. High probability (60%): tonight US semiconductor index continues to fall, SOXL retests the bottom at 215-225, then rebounds oversold on Friday, targeting 270-280. I will add 30% near 218, set stop loss at 210, reduce position on rebound to 260. 2. Low probability (40%): main force uses panic to shake out, tonight directly pushes back above 263, indicating below 240 is a false break. I will wait for confirmation of breaking above 263 before adding 20%, set stop loss at 255, target 290-302.
Remember, don’t hold heavy leverage ETFs and fight to the death; 70% cash is ammunition, not decoration. Updates will be posted in the comments.