$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
While celebrating Thanksgiving week, I believe the rise of the SOX index is very challenging.
If the monthly candlestick dead cross is completed this week, further decline is expected next month.
It is likely that SOXL will continue a weak market.
I do not think I will buy or sell SOX in the current situation.
Because a sideways decline is expected.
While celebrating Thanksgiving week, I believe the rise of the SOX index is very challenging.
If the monthly candlestick dead cross is completed this week, further decline is expected next month.
It is likely that SOXL will continue a weak market.
I do not think I will buy or sell SOX in the current situation.
Because a sideways decline is expected.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
While other sectors are rising, the semiconductor sector is being left behind.
The reason for the stock price declining even after NVDA posted good earnings is that it is determined that future rapid growth like in the past cannot be expected.
The current situation is that funds are rapidly leaving the semiconductor sector and flowing into other sectors.
It is completely a semiconductor sector downturn period. There may not be much expectation for the year-end rally.
Even if it rises, it will be marginal. It seems very difficult to return to the levels of 50-70 as in the past.
I bought back SOXL the other day, but I determined that there is no more potential, so I sold all of it by the close today.
As the appeal of SOXS is diminishing as well, I am considering watching the situation of the semiconductor sector while observing the trends of other sectors.
The SOX is in a period of stagnation. Further decline is likely expected next week.
I expect the SOX index to have a death cross on the monthly chart and rebound at the 200MA. If you were to buy, now would be the time.
Alright then.
While other sectors are rising, the semiconductor sector is being left behind.
The reason for the stock price declining even after NVDA posted good earnings is that it is determined that future rapid growth like in the past cannot be expected.
The current situation is that funds are rapidly leaving the semiconductor sector and flowing into other sectors.
It is completely a semiconductor sector downturn period. There may not be much expectation for the year-end rally.
Even if it rises, it will be marginal. It seems very difficult to return to the levels of 50-70 as in the past.
I bought back SOXL the other day, but I determined that there is no more potential, so I sold all of it by the close today.
As the appeal of SOXS is diminishing as well, I am considering watching the situation of the semiconductor sector while observing the trends of other sectors.
The SOX is in a period of stagnation. Further decline is likely expected next week.
I expect the SOX index to have a death cross on the monthly chart and rebound at the 200MA. If you were to buy, now would be the time.
Alright then.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Unfortunately, it bounced back against resistance.
Unfortunately, it bounced back against resistance.
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
I will fly tonight
I will fly tonight
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$NVIDIA (NVDA.US)$ It's sagging, it's sagging
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ My turn is grass
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$NVIDIA (NVDA.US)$ 150 congratulations
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good visibility.
We will rock from tonight.
Good visibility.
We will rock from tonight.
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