Direxion Financial Bull 3X Shares
Long
Updated

FAS - Go long

757
  • In oversold region - but still in uptrend. Can wait for price to come out of oversold area.
  • VIXFix at peak - showing linerar regression green. Can wait for it to turn lime.
  • Bounced off support area + trend line
  • Positive divergence on OBV
Note
After 2 weeks of selling PUTs, took assignemnt at 111. Cost basis after adjusting premiums is 101.

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