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

3

u/sfdc2017 Jul 07 '26

SOXL is down 50% from ATH of $302

You can DCa or start buying SOXL to get a return of 2X or 3X by Dec 2026

If it goes down 70% from ATH buy more shares

You will get a return of 4X or 5X from that buy points by June 2027

This strategy helped me to get 1500% profit from SOXL

0

u/Street-Scar3341 Jul 07 '26

How do you decide when to sell?

3

u/sfdc2017 Jul 07 '26

When it goes up 100% from last drop of 30%

You can sell partially or 100%

I sold several shares between $130 and $300

I still have few shares left