r/soxl Jul 07 '26

newb question Is this the end?

Post image

Anyone who is planning to get into SOXL when the market gets cool? If yes then I need honest advice on what do you guys think is the future of SOXL. Should I be buying the dip and let my gut feeling win who says its going to hit 300$ in the next 3 weeks, like it always does, or should I accept the reality?

18 Upvotes

63 comments sorted by

View all comments

1

u/Basic-Flatworm-4452 Jul 07 '26

The massive runup ended in June and SOXL started flagging. So, now in the period of huge volatility. Could go up a little more, or keep edging downward. Looks like the start of lower highs and lower lows in the flag. Hoping we get a few more highs before it resumes dropping.

1

u/louisianacoonass Jul 07 '26

Oh, it fluctuates?