$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ with the leveraged ETF decay and market outlook for semicons/AI recently, do you guys think it can go back up to its previous near high of 60+ - 70?
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ひな☆彡 SOXL : Yes I do !!
10baggerbamm : it's not going to be this year it would be next year and it would be contingent upon Nvidia exceeding all of the numbers for Blackwell so I don't think it's going to be till end of q1 next year if you look at the companies that comprise this basket aside from micron they're all getting killed it's like another soldier out of the top 10 gets killed once a week you can't expect the basket to rally when there's no leadership left
StockMaster999 : this thing rises 5-6% today without good news , it could go up/down 25% a day with news, my guess is back to 45 at least before October