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DanjaZown
Jul 2, 2020 5:01 PM

Semiconductors Be Aware Long

Direxion Daily Semiconductor Bull 3x SharesArca

Description

Another ascending wedge has appeared. We are currently awaiting a small pull back before a final push up but this does not look like its getting to $200 like previously thought. Bearish headwinds are appearing and larger more long-term ascending wedges are appearing in the market.
Comments
h60plt
My guess is that it will track sideways through July and August.
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