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$SOXL A 28.68% intraday range in one day, and at 69.19, the current price is just 60 cents below the 24-hour high of 69.79. This is no time to chase.
The market is clear: from 53.17 to 69.79, with $5.46 billion in daily trading volume, buyers rushed in all the way up from the lows. Now the price is hovering near the intraday high—the hottest sentiment and worst risk-reward. There’s only one thing I’d do here: wait for a pullback. Don’t catch a falling knife or chase the highs.
Here’s the plan: place staggered limit orders to buy the dip in the 67.5–68.2 range, set a stop-loss below 65.8 (exit if the intraday uptrend structure breaks), take first profits at 70.5 and second profits at 72.3. Keep your position below 30%; don’t go all-in betting on 3x semiconductor leverage. If the entry price isn’t reached, stay out and watch—don’t get jealous if it goes up.
I only take disciplined trades, not emotion-driven ones. I’ll post in the group as soon as anything unusual happens intraday. Follow if you want to keep up.
No trades outside the plan. #每周来晒 #Gate广场中秋团圆局