$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Perhaps, if you are eager to buy SOXL today, it will go up. If you are hesitating even though you think it will go up, it probably won't. That's what I think.
Listen to your own heart and you will understand the market (Famous saying!?)

$Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ When I switched from SOXL to SOXS, SOXS immediately started to drop! I finally cut my losses!!

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It might be hopeless to continue falling with three gaps down.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ SOXL is in the $34 range! Will it be the last dip of the year? Year-end financial estimates $60!? Next year's financial estimates $100!?
There will never be a disappearance of demand for semiconductors worldwide, rather it is expanding. If you buy stocks based on whether semiconductors are needed in the world, rather than temporary fluctuations in semiconductor-related stock prices, you will not be misled.