SOXS goes LONG Inversing SOXL

AwesomeAvani Updated   
BATS:SOXS   Direxion Daily Semiconductor Bear 3x Shares
SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is

confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,

the relative volume indicator showing buying volume spikes instead of selling spikes, as well

as the squeeze indicator changes from a green negative histogram to a positive one. Many semi

conductor stocks have had major price runs upside. The time has come to watch them

for reversals. I will close my SOXL position in favor of a new long trade in SOXS.
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