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$SOXL Up 13% in a single day, from 51 to 64.3, and closed almost at the high—this isn’t a rebound, it’s a short squeeze. Volume hit $6 billion, an enormous surge, signaling that disagreement has turned into consensus and the bulls have taken over the market.


Technical signal: A high-volume breakout above the previous high. 64.3 is today’s strong resistance; a breakout that holds would mark the start of an acceleration phase. Any pullback that holds above 62.5 (the upper end of today’s range) is an entry window.
Trading advice: You can open a small long position around the current price of 64, add on a pullback to 62.5–63, and keep your position below 30%. Place a stop-loss below the round-number level of 60; a break below it would indicate a false breakout. The first take-profit target is 68, and the second is 72; scale out in batches when those levels are reached.
This leveraged ETF is volatile, so don’t let losses run. Stop-loss discipline matters more than anything. I’ve been tracking semiconductor trends for three years, and with this kind of price-and-volume surge in a short-squeeze setup, the risk isn’t chasing higher—it’s failing to set a stop-loss.
Technical target range: 68–72. #每周来晒 #Gate股票畅聊季
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SOXLSOXL-0.49%

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Comment 6
KeySilent
Have you posted screenshots of your trades yet, or are you still tracking them by hand?
Morandi Lily
A 30% position is too loose for leveraged ETFs.
FloorArtist
The next panel in a short-squeeze comic is usually bulls running out of steam; leaving it blank is more dangerous than filling it in.
MAGridWorker
The 20-day moving average is still below; wait for it to catch up before making a move—it won’t be too late. Chasing in now could leave you stuck at the peak of sentiment.
BearishObserver
Have you looked into the team’s background? Who are the swap counterparties for this ETF’s underlying holdings, and if liquidity dries up during a short squeeze, who will step in as a backstop?