AMEX:SOXL   DIREXION SHARES ETF TRUST DAILY SEMICONDUCTOR BULL 3X SHS
long term view is the better way to go with this … don't trade it ...Buy it

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This looks more like Head-Shoulder top pattern. Right shoulder break down the resistance exactly at left shoulder peak. Then look at the Volume bars, its confirming the downtrend. High volume on red candles and low volume on green candles.
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