Bottom in SOXL is in?

17 May 2022

Arguments pro a bullish scenario in SOX / SOXL:

• We have reached the 78.6 % fib retracement in SOXL
  
• According to the seasonal chart from the last ten years (see the SEASONAX screenshot at the top), in 9 of 10 cases the SOX had made a bullish move from the 17th of May until the 8th of June
• At some point, the semiconductor shortage must affect the prices ...
  

Contra arguments:

• DXY is rising / interest rates are going up
  
• ... anything else?
  

I can't see any significant arguments standing against the bullish case in $SOXL. If you have anything - please drop a comment below!

27 May 2022

İşlem aktif

Seems like SOXL as well as SOX has made a double-bottom, which could be the major trend reversal.

14 Haz 2022

İşlem elle kapatılmış

Okay, the low is still to find.