Looks like i was wrong previously, we were not in wave 5, we were still in wave 3-4, and this is a reverse Symmetrical triangle! Well, it looks like we should be heading into $400 territory. So i can market is going to go bust sometime early 2019. /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If...
I mean it could go back and test previous 52 weeks high , chart speak for itself
The chart speak for itself ...trade war drama cause the fall , that correction was well overdue now its over , bullish momentum back on
We are spectating a channel breaking in SOXL resulting a strong price bounce on 120-122 support. 20 point up we can see how SOXL is making consistently new high spots despite several bull traps in the channel. Spectating uptrend continues to a new resistance near 150-160. Watch out for price drop back to 132. Stop loss at 132.5 so you can manage the risk for less...
SOXL Head and Shoulders neckline looks broken, proceed with caution.
This ETF is one of my favourites, with a very consistent return Year to Date* 26.14% 1 Year 171.57% 3 Years 85.12% 5 Years 85.46% 10 Years -- Since Inception 44.61% Has shown a positive return every quarter since Q315 Reuters Lipper Fund Research: Total Return: 5 Consistent Return 5 Tax Expense 4 BETA= 4.16 Holdings: (Top ten. Yes, there is AMD) Dreyfus...
Looks to be at a solid point that it should bounce. Looking for 140. Never got oversold on RSI
SOXL is a 3x leveraged ETF, whose top 5 holdings are TXN, NVDA, QCOM, INTC, and AVGO. Earlier today, TXN endured a massive sell-off following their unimpressive earnings report, resulting in a hard drop in price for SOXL, as well. However, I don't expect TXN to stay down past this trading week, and when it rebounds, SOXL will be along for the ride. The...
JAN. Earnings rally is starting off with INTC. Semiconductors are expected to beat estimated earnings. Good R:R, keep your SL tight.
Long soxl, reached support at the bottom of the pitchfork. Due up for one of its sexy +5% day returns.
$SOXL has been running hot correcting now a bit, but might be a god time to consider starting a position or averaging up/down
Am new to trading, but Noticed that there seems to be a nice pattern here. Seems like it could drop a little moore before taking off again. Probably should wait a little before buying back in.
I feel like I've seen this pattern before on this chart. It's hard to bet on a continued rise up from here, even with all the tax reform talk and earnings season around the corner. It's been an incredibly good rise. My best guess is that this enters a correction pattern back to main trend line. This is my first published idea so take it with a grain of...