The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short...
The Direxion Daily Semiconductor Bear 3x Shares $SOXS is an index that seeks a daily investment return, before fees and expenses, of 300% of the inverse (or opposite) of the daily return of the Semiconductor Industry Index. In the last month there has been a lot of talk about semiconductors and their scarcity, a situation that had an impact on the price of some...
Semiconductors continue to see large Geopolitical Risks building. American Consumers have purchased their Fill. Computers, White Goods, Autos.... etal. Q3 EPS will be disappointing - EPS, Guidance, Demand. Shortages and the inherent risk have not been priced in as this event remains in waiting. VXM is squatting on Lows once again... sideways to down is our...
We began entries today, given the degenerate squeeze brought to us by FED wingmen Black Rock and VanGuard. We'll embrace the .382 level when it trades, even should it fall short in the 18s, it's 200% off the Wall. A close over 6.98 will see further additions. Out first adventure came off an average of 6.12 :) Hunt, Kill - Profit. xoxo - Hunter Killer
We have placed out orders from 7.00 Inversely to 6.00. .382 will provide first in the series. We are closely watching the VIX Reaction @ 19.80. At the moment we've seen a 2 Tick Front Run. In the next 2 days, the Indices will reverse. - HK
SOH for now as we closed a 12K position bottom to top of implied Range. Caution warranted here as weaker hands have taken over. 6.86 is the Line in the Sand for now, a clear SELL should it close below. There will be time to reload and patience will be required. A move to and through 7.71 would imply a Bullish continuation to 9.35. Trade the Break, Wall Street...
Followers know we nailed the LOWS and indicated a LARGE BUY SIDE Program that remains in trade. Higher targets well above, dead ahead.
Nice trade setup here. Enjoy the Ride. More Coming, buying all retraces. Higher Targets Ahead. Semis cooked on Trade.
200% Upside here. Large Volume on Lows. Panic reversal has setup. NQ will be the first to fail on Inflation Trade. FED told us so this week and last. Digi $'s come home to roost a bit. Hot CPI assures a D U N K in time, as CON.fidence in BTD begins to fail. Volumes at extremes, Divergences at extremes, Valuations at extremes. Correction ahead for...
SOXS SOXS SOXS China Shortages Q3 Dismal EPS SOXS SOXS SOXS
Daily looks great on bottom turning up higher lows need more vol Weekly looks great also
Daily stoch says pull back selling decreasing weekly stoch trying turn I am early on my long
Daily stoch heading up making higher lows vol not great I am early Weekly on bottom trying turn up can drop
Daily looks ok trying I am early 7.56 support Weekly trying to turn
If soxs rides the uptrend like this, (soxl is down), there are 3 expected levels. Among them, the highest level price is expected to be 9.4$. This is about 15% profit.
AMEX:SOXS Possible Scenario: LONG Evidence: Price Action TP1~ 11$, Call options, Strike 11$, 06/18/21 Call options, Strike 12$, 06/18/21 * I'm not a financial advisor and it could be wrong 100%.