$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
If the short-term trend changes from this week to next week, I think it will rise to 43-45 by the end of the year.
It feels like the attractiveness of the semiconductor sector is waning, but rather than the per-share price, it's more about whether the volatility is high or low and what the range is.
The trading value is high, so it's quite nice when it goes down, but with wild volatility, you need some stability in the movement.
If the volatility becomes too low, there won't be much appeal for short-term trades, so you have to think about the next step.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
U_JI OP : If it is rejected at the resistance line, it may be difficult to rise above 35 by the end of the year, so it might be time to cut losses there~
勝どき主婦 : I hope you start feeling better soon
J_M_RIN : Stocks are troublesome when they are attractive, it is strong to quietly build positions when everyone loses interest.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
U_JI OP 勝どき主婦 : It would be a good year if we could move up to 45-47th place, wouldn't it?
U_JI OP J_M_RIN : Opportunities to buy emerge in times of pessimism, you know.
J_M_RIN U_JI OP : Yes.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I think the market where positive wins will continue for a long time from now on.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
勝どき主婦 : That's true
I personally aim for around 40, but it would be great if you could exceed that