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Short-Term Upswing: Navigating TSLA's Rise with an Eye on an End-of-October Downturn.

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  The daily trend of TSLA entered the Bullish zone seven days ago, indicating an upward trend. However, starting from October 11th, it shifted into a correction trend. Over the next 2-3 days, we can expect limited fluctuations between rises and falls, followed by a resumption of the upward trend at the beginning of next week. After this upcoming upward trend, there will be a gradual weakening in the intensity of the rise, eventually leading to a shift into a correction trend. By mid to late October, a significant downturn is anticipated, leading the stock into the Bearish zone. Considering this overall pattern, the current upward movement and the anticipated rise until next week are likely to represent short-term peaks. This period of upward movement could serve as an opportune time for investors to reevaluate their positions, especially in anticipation of the downward trend expected by the end of October. The similarity with the overall trend in the US stock market stands at a substan

SOXL ETF: Navigating Short-Term Volatility in Semiconductor Markets

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SOXL: DIREXION DAILY SEMICONDUCTOR BULL 3X ETF has entered the Bullish zone three days ago, indicating an ongoing uptrend. However, it is currently entering a corrective phase marked by limited short-term gains and fluctuations. A brief correction period of approximately three days is expected. Following this, a strong upward trend is likely to resume, potentially starting either this Friday or early next week. Nevertheless, as the uptrend progresses into next week, creating new peaks, the daily price movements are anticipated to become increasingly limited and temporary. By mid-October, the daily price trend is expected to enter the Bearish zone, characterized by significant and sharp declines, as the amplitude of both upward and downward movements widens. Oct 10, 2023 ◆ Closed price 20.05 3.46%     ◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy] ◆ Today's stock price Buy-Sell intensity analysis The current trend appears to be 'Entering a correction trend

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