$SOXL 13 points in one day, those who bottom-fished at 231 are laughing now, and those who chased highs at 272 have become the peak again.


24-hour volume 1571M, the volume hasn't shrunk, but the high point at 272.26 is pressing down hard. I've seen this kind of move too many times — either accumulate power to break through, or distribute at highs. Don't expect me to guess the direction; I only follow the plan.
My practical approach: 266 is a neither-here-nor-there level; it's safer to wait for a pullback. If it falls to the 255-258 range, I will add 1/10 position, stop loss at 248. First target 275, second target 282. If it directly breaks above 272, I'll hold back and not look, wait for a pullback confirmation before acting. Remember, before 272 breaks through with volume, chasing highs is just throwing money away.
Position control: Total position no more than 30%, leveraged ETF products must be light. Keep bullets ready for more certain opportunities. If it returns to around 250 within 24 hours, that's the second entry point, same method.
Stop-loss discipline: If 248 is broken, you must leave, even if you sell at the lowest. This is a leveraged ETF; holding on will kill you badly. When floating profit exceeds 15%, take profit in batches; don't be greedy for the last bit.
At this position, either it will oscillate to shake off weak hands or pull back and then go up. I prefer to wait and see until around 255. Don't chase ups, don't kill downs; wait for my price to appear before acting.
No operation outside the plan. If you also agree with the disciplined approach of buying low and selling high on dips and rallies, you can follow me. I only give plans and execution, no emotions, no blind analysis.
SOXL14.69%
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