WEBL 3X LEVERAGE DOW JONES LONG Long
Direxion Daily Dow Jones Internet Bull 3X SharesArca
Description
⋅ AMEX:WEBL
The WEBL moves well owing to its leveraging.
At present on the chart, WEBL is near support
after a downtrend. I have picked a target
based on a retracement of that downtrend
to the middle Fibonacci level. This target
also has confluence with the VWAP band
and the upper boundary of the volume profile's
high volume area. I have calculated the
Reward for Risk as 2.35.
the volume profile's