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SOXL SHORT TERM STUDIES ๐Ÿค”๐Ÿง

Yesterday's L was doing well and rose 5.76% to 64.31
Now it's been rising for 4 consecutive days, and I'm looking forward to seeing if it continues to rise or if it takes a short break for the next few daysPrices have risen for 6 days out of the past 10 days, and have risen 10.5% in the past 2 weeks
Currently, trading volume is increasing along with stock prices, and I expect this to be a bright sign from a technical point of viewIn total, more than 4 million shares have been traded since the day before, and a total of 42 million shares have been traded for about 2.7 billion dollars
L is in the midst of a very strong uptrend in the short term, and we anticipate that further increases within the trend are suggestedConsidering the current short-term trend, L is expected to rise 60.03% in the next 3 months, and with a 90% probability, stock prices at the end of this 3-month period are expected to be maintained between 85.91 and 112.72
As expected, Morgan Stanley's Mike Wilson stated in an interview with Bloomberg Television on the 8th that โ€œthere is a high possibility that 10% adjustments will be made until the presidential election,โ€ and expressed the view that July-September (3rd quarter) is โ€œnot flat.โ€
After discussing this adjustment with American investors and considering the current situation and making predictions, I came to the conclusion that currently, there is a high possibility that it is early to mid-August
But after all, it's better to have a sense of vigilance every day
If you don't look at the summer rally optimistically, the faster you run away the better you don't get burned and make a lot of money
Check this out too ๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰Short-term discussion on L โ‘ก (supplement) ๐Ÿค”
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