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Direxion Daily Semiconductor Bull 3x Shares
Short
Updated

Semiconductors set to cool off

493
Weakness spotted in the Semiconductor Sector.. Bulls been buying near top of the wedge on the weekly chart. The Chart also shows prev. support, now acting as resistances. Looking to set up a swing trade short
Note
looking for sell off to continue next week , i've loaded SOXS calls (see my weekly chart of SOXS, target is $27)
Note
snapshot
moneyflow_trader
Supply and DemandSupport and ResistanceTrend Lines

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Supply and DemandSupport and ResistanceTrend Lines
moneyflow_trader

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.