$Semiconductor Bull 3X Shares(SOXL)$ I believe it will turn a short Bullish as oversold indicated in technical chart. it reach first support line at 14.85, second support will be 14.00.
"Buy the rumour, Sell the news" is actually meaning to buy on the expectation and research you have done with the consideration of "Forward PE ratio". When the stock price have gone up to your target price, you should sell and take profit This profit gain is to reward to the investors who have putting effort to do fact finds and research. "Buy on rumors, sell on news" is a well-known investment strategy that suggests that investors should buy stocks based on rumors or speculation and then sell them once the news is officially announced. The idea behind this strategy is that rumors and speculation can create market hype and increase demand for a particular stock, leading to a temporary increase in its price. Once the news is confirmed, the price may drop
$Semiconductor Bull 3X Shares(SOXL)$ Large inflow of fund detected and pump up the price, and now bigfund start to sell?? 🤔🤔🤔 People is like forgetting the recession have not end, forgetting Fed rate will not stop increase to hit inflation. Happy go lucky and chase high. I worried Michael Burry was right. - "SELL"