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Lanmar
Aug 3, 2020 5:25 PM

Demand in energy stocks coming in Long

Direxion Energy Bull 2X SharesArca

Description

Great demand zone for a long. Risk under level

Comment

Low risk entry again. I've added at 13.90

Comment

Nice bounce off second layer. Watch the big level for a continues move into high 15s

Comment

The Daily is closing above the key level - next resistance is the trend line. I think it breaks above this week

Comment

gapped above trend line today
Comments
Vitaliy1984
now what?
Lanmar
@Vitaliy1984, trailing stop was hit a long time ago at 14.50. But I do think it's a buy between 8.50 - 9
mblaise3000
@Vitaliy1984, Its a buy and hold vaccines are released I think this stock goes to its high 80$ next year remember the reverse stock split in March so all the 1,300 per share is erroneous.
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