$LITE , we shorted this a few weeks ago, and it’s finally starting to break down.

I’ve seen some posts from people calling this a good buying opportunity, but I disagree. I think it’s likely we move lower before a durable bottom forms.

I’ll reverse my short position to long once the probabilities shift in favor of the bulls. Until then, I’ll continue assessing the selling pressure and price action for signs of exhaustion.

$SOX $NVDA

Educational content only. Trading involves substantial risk. The setup grade and outcome described here are specific to my plan, sizing, and risk tolerance. Do your own work.