$SOXL is a 3x leveraged ETF tracking the Philadelphia Semiconductor Index, inherently designed for short-term trading and unsuitable for long-term holding.
It found support around 98 in early September, followed by a high-volume bullish candle engulfing the previous one. MACD formed a bullish crossover above the waterline below the zero axis, and the moving averages shifted from convergence to bullish alignment. I entered in batches at an average price of 101.31.
$SOPH 50x leverage amplified gains and losses; floating profit once exceeded +1064%, with the current price at 123.68.
Take profit