Waveafterwave, how can soxl and soxs go up at same time? Are you still in this trade?
elenaec
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so if soxs will hit $18 then soxl will go back to $ 10 -12 ????? in a few months ??? or sooner ?
waveafterwave
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thats not how it works. SOXL is not going to 10-12. It's going to 40s first before making a run back to 70s
elenaec
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@waveafterwave, if soxl is going to 40 and 70 , SOXS is going to 6 not to 18 as you wrote above . one goes up the other one down
waveafterwave
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@elenaec, I misread your comment earlier. I meant to say SOXL should see 40s first, some resistance there and then 70s. SOXS will obviously take a beating