Get started
cerealpatterns

the 4 hr is at critical .5 level and oversold stoch

Long
Direxion Daily Semiconductor Bull 3x Shares (AMEX:SOXL)  
cerealpatterns  
AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
Trend Analysis Chart Patterns Technical Indicators oversold stochasticdivergence trama Fibonacci Retracement swingtrading semiconductors SOXL
0
0
trendanalysis chartpattern indicator oversold stochasticdivergence trama fibonacciretracement swingtrading semiconductors soxl
fib of bounce gives us about 50% retracement if there is some recovery to tighten in range we could look back up at 22.23-22.48 setting a daily higher low if market decides to gap up friday. if vwma keeps rising and trama flattens out we will have a bounce in semis. if these indicators keep bearish divergence we are likely continuing lower in broader markets. $23 is still a critical level for this trade. $20.96 is the next level if we continue this pop down. semis started this correction only they can get it out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.