Still have 20% room to increase. Bullish haven't end yet. Target to hit $16 in 2-3 weeks.
RSI reach oversold line, some traders might choose to exit for profit taking. We also can see that the Big fund outflow suddenly shoot up when it hit 13.4, I guess they probably buying back at 12.6.
Modify on 2023-01-18 06:48
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Simple technical chart is actually useful enough to predict the trend or stock price.
$Semiconductor Bull 3X Shares(SOXL)$
my previous target price in 2 weeks ago have achieved. As what I expected, target price at $16 in 2-3 weeks since the date of my post.
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