A message to those who plan on exiting SOXL completely.
Hi everyone,
I wanted to thank all of you who got involved in trading SOXL. I understand that it has been a roller coaster in the past few months.
For those who are considering a complete exit, given yesterday's performance (Nvidia went up, but SOXL didn't move much), I understand that this ETF does not look prosperous. Hence, you want to exit.
Or is it really? I am afraid that you are about to become just a nutrient source for institutions.
What they are doing—I mean, including some influential senior retail traders with big money—is trying to scam you with things like nonsense chart movement. Trading has become harder than ever, given that everyone who are still surviving gets better over time.
I have been checking X, and I can tell you when everyone is fearful or panicking, its the opportunity. That's where the Dip is.
As mentioned in the previous post, I expect a bit of downmovement at the start of this month, but how can you not tell that the next dip might be the last one ever?
Let me show you some chart graphs.
This is our current movement so far. It just has strong resistance to 200+MAs because, realistically speaking, SOXL will be overpriced if it goes above this right now.
Now, have a look at the chart from 2020. The trend reversed just before April; the chart movement is a beautiful, textbook-like upward trend, mostly moving within upper and mid-Bollinger bands.
Now, draw a straight line between the relative positions of our first Dip and where we are. It’s the same thing...
After that, we never saw the Dip like back in 2020 ever again.
I believe that they are trying to cause more volatility to maximise the gain from ”US” retail traders.
If you look at the big picture, it’s still uptrending—it's just often mispriced as hell…
I am a board-certified health practitioner in Australia, but I can tell you that AI is coming in and starting to be used in many clinical trials and actual practices. It will be too late to join the train when everyone already realised this.
Hop on Now…
My target is 100 in 5-6 years. I won't sell them no matter what (However, I will sell my SOXL options because they will expire in 2026).
Thanks guys...!!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
☑︎ 💯☥ α
☒№℉ α
👁️🗨️NVIDIA ♾
🎢SOXL 🥹🔝🌖
Follow me for Real ⏱️📊💱 Update✔️
919Followers
36Following
4707Visitors
Follow
淡定的惠特莫爾 : It is at a professor level
淡定的惠特莫爾 : Keep it up