$PHLX Semiconductor Index (.SOX.US)$$Direxion Daily Semicond...
$PHLX Semiconductor Index (.SOX.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$I drew a candlestick chart at the current price of SOX. Please feel free to write your opinions, objections, and counterarguments! Weekly and daily charts.
An interesting point is the weekly decline range (Green): about 48%. The estimated decline range (Green): about 24%, which has become half of the original number.
Even the estimated 3-wave decline unexpectedly came near the weekly resistance line... It is an unexpected result.
Also, the orange uptrend on the daily chart unexpectedly came to the neckline. I am surprised and amazed while drawing.
The president of the fx company, Kobayashi, said that when asked how to disrupt the market by institutions, he replied, "Let's start by creating a candlestick chart." I personally felt artificial chart formation while drawing.
2023: It is falling with the same price movement.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
ジュウスドイット : After all, I'm not that smart, so I'm going to stop trading US stock options. Thanks so much for the advice!
蜜蜂株 : Hope to paint the other side of it... like something rising !In other words, tomorrow's tomorrowInterested in L's future
どんぞ子 OP 蜜蜂株 : The trick to take up the rise when a decline is predicted can aim for big profits if you proceed with purchases from near the Yellow Line.
どんぞ子 OP どんぞ子 OP : [Image is SOXL] If it falls as expected, it is thought that a big profit can be obtained if you start buying little by little near ↑ ↑.
蜜蜂株 どんぞ子 OP : Thanks a lot
どんぞ子 OP どんぞ子 OP : You'rewelcome!
蜜蜂株 どんぞ子 OP : Thank you for your technical analysis, I will definitely learn technical analysis from you when I have time!
蜜蜂株 蜜蜂株 : If that's the case, I'll definitely be buying some, even though the stock is full, thank you for sharing your technology!