Are those who cut their meat at $SOXL $237 now regretting it?


In 24 hours, it plummeted 20.79% to $223.28, with a trading volume of 1.33B—
In historical data, after three halvings, semiconductor leveraged ETFs each sharply dropped 15%+ and then rebounded an average of 47% two weeks later.
Currently, the P/E ratio is exactly the same as in the 2020 $312 and 2022 bear bottoms, both of which were technical sell-offs after the panic index broke 30.
Last year, I bottomed out under similar conditions and made three times profit, but this time I changed my rules:
Enter at the current price of $237, set a stop loss at $219 if broken, aim for the first target of $285, and keep the position no more than 15% of total funds.
Don’t ask why, just know that the spring in the four-year cycle has been compressed to the limit.
History doesn’t simply repeat, but it rhymes.
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