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SWRLS
Feb 1, 2024 6:32 PM

SOXL Wedge Tightening Looking for a Breakout Long

Direxion Daily Semiconductor Bull 3x SharesArca

Description

Taking a stab at SOXL for a reversal here. Tightening down in a wedge for the last week. After semis had been making new highs. Relatively oversold RSI on the 65min and MACD about to flip bullish on the same timeframe. Active trade. In @ $31.99, target $36
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