i want to see a 15 minute pattern that winds up moving into this range, and i will be long soxl
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i think we can call this oversold
these are roughly the targets im looking at
i like the idea of buys coming in on the daily as long as were in the forming top
the technicals say that were still planning investment in the space, tenatively bullish
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as you can see theres a pattern of overselling stochastically around cumative and elastic volume weighted peaks
im long soxl, adding into close planning on averaging down
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soxl is meh... a little higher, probably but it isnt smashing the mould.
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weve gotten to the lower area and crossed back bullishly above pivot. long hourly-4hr.