Direxion Daily Semiconductor Bull 3x Shares
Panjang
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Bottom in SOXL is in?

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Arguments pro a bullish scenario in SOX / SOXL:
  • We have reached the 78.6 % fib retracement in SOXL
  • According to the seasonal chart from the last ten years (see the SEASONAX screenshot at the top), in 9 of 10 cases the SOX had made a bullish move from the 17th of May until the 8th of June
  • At some point, the semiconductor shortage must affect the prices ...


Contra arguments:
  • DXY is rising / interest rates are going up
  • ... anything else?


I can't see any significant arguments standing against the bullish case in $SOXL. If you have anything - please drop a comment below!
Dagangan aktif
Seems like SOXL as well as SOX has made a double-bottom, which could be the major trend reversal.
Dagangan ditutup secara manual
Okay, the low is still to find.

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