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Direxion Daily Semiconductor Bull 3X Shares (SOXL)

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71.89 +9.29    +14.84%
14:24:39 - Real-time Cboe. Currency in USD ( Disclaimer )
Type:  ETF
Market:  United States
Issuer:  Direxion
ISIN:  US25459W4583 
CUSIP:  25459W458
Asset Class:  Equity
  • Volume: 16,929,368
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 66.76 - 72.52
Direxion Daily Semiconductor Bull 3X Shares 71.89 +9.29 +14.84%
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Bull Power
Bull Power Oct 04, 2021 1:17PM ET
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At 37, could it go lower? possibly, but that matters very little, buying in here is a great gamble, huge upside, as there always is, but even more. Greedy people looking for bottoms are often left chasing the peak.
john desousa
john desousa Oct 04, 2021 1:17PM ET
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I think the stock market is overdue for a bigger drop. Don't be surprised if SOXL drops 50% to 65%.
Bull Power
Bull Power Oct 04, 2021 1:17PM ET
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john desousa  Even if it does, this drop started at 49 it's already 25% down, most times it drops, that's a very good chunk, you can try to pinch pennys and hope that maybe this time is the all mighty big drop and it might work for you and it might not, for every time it will work there will be 10 it won't though, statistically speaking, and so not taking position is just mathematically wrong with no relevance the results of this current instance, but you do you.
Maverick Retail Noob
Maverick Retail Noob Oct 04, 2021 1:17PM ET
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last correction drop around 40% and current drop is expected to be a minor correction so i am thinking maybe 30-40% from its peak
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