$SOXL has broken out of a tight 1-hour Bollinger Band squeeze and is now consolidating above the EMA21, suggesting buyers are maintaining control after the breakout. I'm looking for a long entry between $237.50 and $242.50, with a stop loss at $229.00. If the bullish momentum continues and support holds, the upside targets I'm watching are $249.00, $264.00, and $285.00. A decisive move below $229.00 would invalidate the bullish setup and indicate the breakout has failed.

Trade $SOXL here 👇

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