Touch the 200-day average over and over
$Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$ Over the past week, it has rebounded by touching the 200-day average line, which is said to be an important line for loss cuts and profit margins.
However, in the first place, touching it too many times is extremely dangerous, so I definitely don't want it to happen, but I can only think that when it definitely falls below the line, there is a risk that it will collapse all at once again...
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ピンハネ : Good evening
Currently, I expect N to fall to 89.72 in the worst case
Or mid-August, around the end of October
There is also a low possibility that it will fall below 89.72![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
トリリオンネア OP ピンハネ : Good evening, Mr. Pinhane!
I still lack the ability to take a bird's-eye view and analyze the whole thing, so it's scary just to imagine what will happen to semiconductor stocks as a whole when NVDA falls to 89.72...
The fact that yesterday's rise has completely recovered today is proof that it's still extremely bearish, and it really shudders when you think about where the worst August performance week in history (next week or next week) hasn't come yet
ピンハネ トリリオンネア OP : Simply put, we're still in the beginning stage, and the beginning is just taking a long time. I expect this to happen several times until the end of October at the longest until N closes the gap![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)