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
Determining future price movements is difficult
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 [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
coco0217 ピンハネ OP : Life is a gamble
️ it's important to experience![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
ピンハネ OP coco0217 : eh
that's a gambling-like idea
Investors are required to have knowledge and analysis![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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 [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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
Exchange rates are also likely to be affected, and there is a risk of stock price crashes in a chain manner![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
ピンハネ OP coco0217 : I think Coco0217 is keen on research
Also, I'm deepening my knowledge by studying a wide range of brands without worrying about it
I feel that my insight has been refined even when I look at recent posts![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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.
Being able to listen to the opinions of amazing investors like Mr. Pinhane is really a paid level. Thank you![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
ピンハネ OP お金が集まる口座 : I'll post about this later today and explain![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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