$SOXL is planning to catch an oversold bounce, and to also look for long opportunities in $MU and $PHAROS .

Intends to take a short long near the MA25 support level. The entry area is roughly in the range of 157.41 to 159.32. If the bounce goes smoothly, continue to watch for levels around 165.44 and 171.10 on the upside.

But watch out for risk: currently, the 1-hour timeframe momentum is still bearish. If 156.79 can’t hold, the long thesis may fail, and the best defense would be at 152.69. Don’t go all-in and try to hit it with one shot—control your position size based on your account, and don’t chase too aggressively.