Vol so high, day trading plausible

Direxion Daily Semiconductor Bull 3x Shares (AMEX:SOXL)

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AMEX:SOXL Direxion Daily Semiconductor Bull 3x Shares

Chart Patterns

chartpattern

SOXL for a day trade

Komen:

It worked well yesterday, as it came back to fill the liquidity gap.
New gap formed between 257 and 261

Komen:

Bullish divergence showing on this time frame

Komen:

Trade is working. Adding to winners

Komen:

perhaps we'll see some oscillation between 242 and 250 before, heading upto 257-261

Komen:

Although it dipped below the stop loss level, if you were using a option, the trade would have held and this trade would be working for you. Bullish divergence is now clear. Thins week, I feel like this entire tech market and markets in general will go up. I believe the liquidity gap between 257.55 and 361.4 will get filled today. After which we might see a entrancement of the first wave (first wave of a larger (degree of first waves), which typically retrace to the 61.8%... Keep the extended markets view switched on.

Penafian

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