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Showing posts from August 14, 2024

SOXL. Comprehensive SOXL Stock Analysis: Bearish Trends and Future Predictions.

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SOXL Stock Analysis (August 14, 2024) Closing Price: $35.1 (-0.65%) Long-term Strategy: Current Trend: Bearish, with the suggested investment position being to "Sell and Observe." Bearish Zone Characteristics: Divided into 'Downtrend' and 'Rebound Trend.' The Downtrend is marked by strong downward movements with occasional upward fluctuations, while the Rebound Trend sees limited upward movements and downward fluctuations. Investing in this zone has low expected returns and higher risks. Recommendation: In a bearish zone, strong selling pressure is likely to persist, leading to a pronounced downward trend. Medium to long-term investors are advised to wait for a potential entry into the Bullish zone before making buying decisions. Current Status: The 'Sell and Observe' position has been maintained for 21 days since entering the Bearish zone, resulting in a cumulative loss of 46.3%. Short-term Strategy: Current Trend: Bearish zone but likely to shi

TQQQ. TQQQ stock is currently in a Bullish zone, making it suitable for a long-term "Buy and Hold" strategy.

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TQQQ stock is currently in a Bullish zone, making it suitable for a long-term "Buy and Hold" strategy. This approach involves holding stocks over an extended period to maximize returns while minimizing the risk of decline. In the short term, strong upward momentum is expected, with recommended buying between August 16-19 at a target price of $61.7 and selling between August 22-23 at a target price of $71.8. The stock's movement is highly correlated with the U.S. stock market, with a 94% likelihood of aligning with the market's trends. The predicted price range for the next 10 days is between $62.4 and $70.5, with a median of $66.4.   Aug 14, 2024       TQQQ stock closing price 63.7 0.17%             ◆ [Long-term strategy] The current trend zone is Bullish, and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upwar

S&P500. The S&P 500 index is currently in a Bullish zone, and a long-term investment strategy of "Buy and Hold" is recommended.

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Aug 14, 2024       S&P 500 closing price 5,455.2 0.38%             ◆ [Long-term strategy] The current trend zone is Bullish, and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.         In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in

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TQQQ. TQQQ stock is currently in a Bullish zone, making it suitable for a long-term "Buy and Hold" strategy.

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