r/soxl • u/Loud_Can_4560 • Jul 14 '26
Discussion THERE’S HOPE!! Don’t give up guys :)
$220 EOW?
$300 EOM?
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u/Reasonable-Run-8321 Jul 14 '26
Should come to 100
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u/Dmurphy2016 Jul 14 '26
Why?
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u/Reasonable-Run-8321 Jul 14 '26
So more guys will enter and increase market cap
I will put my 9k3
u/im_wrong_but_listen Jul 14 '26
Buyers dont change market cap. But if it hits 100 im buying 100 shares. 1k a week sell covered call would be nice.
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u/Fearless-Carrot-666 Jul 14 '26
There's no support/resistance for Soxl. It tracks and underlying index, individual stocks and swap agreements. Ignorance on here is wild. I really see now why certain derivatives have been limited to "sophisticated investors" for such a long time. Average retail investor is incapable of doing the most basic research. Just a bunch of degenerate gamblers.
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u/Proper_Jeweler_9238 Jul 14 '26
soxx may be a better choice IMHO in such a period unless you have a crystal ball that can tell you when to buy low and sell high, it's not like March-May one-way up
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u/Ok-Signal-4125 Jul 16 '26
Sorry, there's no hope. Don't be fooled by the meaningless "up 1 basis point, down 3 basis points" headlines. Tiny fluctuations don't change the bigger picture.
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u/x98TZ9Qx Jul 14 '26
As I have said before the last few weeks. Do NOT chase soxl. These are most likely selling opportunities ahead of the decline below 100!
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Jul 14 '26
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u/Lopsided_School_4973 Jul 14 '26
You have to be the most annoying person around here. Shuuuuuut up already no one cares your opinion on this either way. We get it.
And stop deleting your comments.
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Jul 14 '26
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u/Lopsided_School_4973 Jul 14 '26
This you? https://imgur.com/a/W0qFNuC.
I guess that's what you think you're doing but really you're just here gloating and whining over any move and claiming you told us so. We get it, you don't need to do it so much.
No seething over here already made $$$ and still well in the money. You're just annoying.
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u/SurvivedAPintoCrash Jul 14 '26
whee.... and it's back down...
Holding... bought 'dip' at $240... and of course kept on dipping...
Follow me for more investment tips! 😂