Is monday positive?

I read your last post with gratitude as well.
You mentioned that it would be good to enter SOXX at the 20-day and 120-day moving averages and take profit during the rebound phase.
When you said this, did you mean only SOXX as a short-term trade, or did you mean we can also trade MU, SNDK, SKHY, and DRAM together while watching the SOXX stock price? Big Tech would move differently, right?

We cannot know whether this wave will head upward next week or drop one more wave, but a technical rebound is bound to happen, so I think you can approach it while managing your position sizing well. The current semiconductor market is absolutely not one where you should go all-in on 3x or 2x leveraged ETFs or individual leveraged semiconductor stocks. If you set aside your greed, buy in stages, and repeatedly take profits—viewing it as a market where you profit off the volatility—it won't be a difficult market to navigate.I think that as long as SOXX doesn't break Friday's low (roughly $500), a technical rebound could occur next week. From a daily chart perspective, the picture isn't bad because buying pressure came in at the low on Friday, ending with a bullish candle. If a technical rebound occurs, I think $538-$550 is well within reach.

I think it will go up on Monday, but everyone thinks differently.

Since Friday's rebound didn't clearly happen and it fell again, I think it will probably drop to hit Friday's low again. I also hope it goes up, but...