- Rank: 45
- Followers: 15
- Votes: 239
- Years Member: 18
- Last Update: 22 September 2020, 14:08
Yearly High-Low analysis. This ETF is up 232% in 2019.
Jun 4: Bought @113 - Jul 15: Sold @166
Sep 4: Bought @157 - Nov 4: Sold @221.
Nov 14: Bought @224, Dec 11; Bought @228 - Dec 12: Sold @247.
Dec 16: Bought small position of SOXS @22 (short inverse ETF) while SOXL was $264.
Dec 25: Perhaps selling will not start until the 1st quarter of 2020 to avoid 2019 capital gain taxes.
Jan 2: Daily BUY signal. Re-entering SOXS @283 while retaining a small position in SOXS. When you end a year near its high, some momentum will carry over to the next year. At some point in the 1st quarter, we may go down very hard.
Jan 7: Sold @284 due to the Daily stop chart 08 and added to SOXS position @20.
Jan 9: Re-entered SOXL. Daily SAR signal reversed its direction 4 times in 8 days, which is rare. 3 false signals in a row make the 4th one much more probable, just based on odds.
Jan 24: sold today at market open @329. It looks like an exhaustion gap.
Jan 27: today both Daily and Weekly SELL signals triggered by the Parabolic SAR indicator (charts 5 and 8). Perhaps this is correction.
Feb 24: Daily SAR sell signal is triggered today. The weekly signal is also in the SELL mode. Investors use the coronavirus news as an excuse to take huge last year%27s profits.
Feb 28: sold SOXS and bought SOXL @174.
March 18: Made an intraday play on SOXS. Added more to SOXL. It will take us a couple of years to recover to all-time highs. But the exponential growth of semiconductors will resume.
March 24: Daily BUY signal: chart 8. There are two indicators of the cessation of panic and hysteria today: toilet paper is available in the store and the rise of stock market. When else in your lifetime can you make 46% in 2 days?
Apr 7: SOXL 30% up yesterday: good chance to double this quarter.
May 19: Daily Buy Signal (Parabolic SAR) chart 8
June 24: my predicted trading range for the 2nd quarter was absolutely correct.
Set 14. I believe today%27s gap will be sold this week: chart 06 and chart 16.
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.