$SKHY ready to go long.

This price move has already fallen into a deep oversold zone. I think there may be a mean-reversion bounce from here. Watch the entry area around 155.14 to 157.02. Above, keep an eye on 165.69 and 173.38. Put defenses at 148.93.

However, be mindful of the risks. At the moment, the overall macro longer-term trend is still bearish. A strong downtrend may ignore oversold conditions and keep pushing lower. Don’t chase too aggressively—manage your position size according to your own account. Never go all-in. You can also take the opportunity to follow the trend of $BANK and $SOXL .