About the current situation 🤔
I will explain the current situation![]()
SOXL has formed high highs and low highs, while the ETF Relative Strength Index (RSI) continues to have low highs. As a result, bearish divergence has occurred in SOXL![]()
so bear's momentum is being lost![]()
If bull traders want SOXL to close above the February 23 high of $42.68, it will be an uptrend, but bear traders want SOXL to close below that level![]()
In this situation, it seems likely that a bull single top pattern will form showing signs of adjustment![]()
I'll analyze it a little more. I'll report back..
SOXL is a 3x leveraged fund composed of stocks in the semiconductor sector.
AMD accounts for 8.67% of the fund, while Nvidia holds 7.54% of the weight.
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coco0217 : Thanks for the detailed analysis. It makes me feel refreshed
ピンハネ OP coco0217 : You have the guts to be refreshed with 3x leverage![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Determining future price movements is difficult![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
If it's the first half of this year, May is the best chance, but March is also an opportunity, but the semiconductor boom was unexpected![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
coco0217 ピンハネ OP : Life is a gamble
️ it's important to experience![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ピンハネ OP coco0217 : eh![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
that's a gambling-like idea![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Investors are required to have knowledge and analysis![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
お金が集まる口座 : I don't have analytical skills like all of you, but somehow I feel like bears are being cut until around the beginning of April. I wonder what's going to happen.
coco0217 ピンハネ OP : That's right ~ now that's a source of trouble![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ピンハネ OP お金が集まる口座 : Nikkei has updated and it seems like it's going to go to 40,000, but I feel a scary situation because there is a risk of a crash![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Exchange rates are also likely to be affected, and there is a risk of stock price crashes in a chain manner![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ピンハネ OP coco0217 : I think Coco0217 is keen on research![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Also, I'm deepening my knowledge by studying a wide range of brands without worrying about it![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I feel that my insight has been refined even when I look at recent posts![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
お金が集まる口座 : I have a feeling that Nikkei will not crash unless American semiconductors crash. I feel like I'm being influenced by America.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Being able to listen to the opinions of amazing investors like Mr. Pinhane is really a paid level. Thank you![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ピンハネ OP お金が集まる口座 : I'll post about this later today and explain![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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