$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Five months of consecutive bearish candlesticks have no precedent, why are they being sold off so much, and are they also handing over semiconductor supremacy to China?
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KON -K : It is indeed unusual, but the reasons seem to be a bit different for each month. Such as Same rule, AI suspicion, China restriction, ASML shock (PC, smartphone not recovered), and Trump.
What is really happening is only related to PCs and smartphones, so it depends on Trump, but it may return to a certain extent soon. However, I think we may need to wait until spring or summer for a full recovery.