MindsForge

Semiconductors quick analysis on LETF

AMEX:SOXL   DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES
60 0 0
I don't like doing TA on leveraged ETFs generally, but you can get a good idea of what's going on. Using SMH             for semis would be better, if I were using fib ratios I'd definitely use an unleveraged product for charting.

Chart text repeated here:
potential reversal area, might be able to squeeze another 7% out of the current rally, would wait to go long on a 100/200DMA break.

Also could be a nice SOXS             short if we break down out of the reversal area.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out