AMEX:DRIP   DIREXION SHARES ETF TRUST DAILY S&P OIL & GAS EXP &
expect a continuation on DRIP. but try to scale in slowly. if we break below 18.01 pivot point we can retrace to the bottom of this channel.....lets see if this 19.72 will hold as support...
Excellent analysis, I would like to add that if we break past $22, the next fibonacci extension reaistance level rests at approximately $33.

With fundamentals unlikely to change in the near term and prices touching $22 already today, I don’t think it’s unreasonable for us to hit that price target within a month...possibly higher.

After $33 the next resistance is $78.
Reply
utopiafusion utopiafusion
@utopiafusion, sorry I meant to say after $33, next level is $50.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out