NewroadTrader

Buy $SOXS - NRPicks 09 Abr

Long
AMEX:SOXS   Direxion Daily Semiconductor Bear 3x Shares
$ SOXS is an index that seeks daily investment results, before fees and expenses, of 300% of the inverse performance (or opposite) of the daily performance of the Semiconductor Industry Index.

Semiconductors are currently at all-time highs, so a correction in the rally is very likely which could be exploited in a good way with a leveraged inverse ETF such as $ SOXS.

- RSI Oversold
- Price below MA50 and 200
- Key level at $ 8.10
Trade closed: target reached:
04 May

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