Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
SOXL - Semi's are looking strong again
Direxion Daily Semiconductor Bull 3x Shares
Long
SOXL - Semi's are looking strong again
By Test_Monkey
Follow
Follow
Jun 2, 2022
1
Jun 2, 2022
I am always looking for those low risk/high reward plays. SOXL looks like a strong contender as AMD, NVDA, AVGO and even INTC had a decent day.
Lots of room to run if it continues through $26.50 (a good place for paper buy stops)
Things are on hold if it slides back into the box...
It needs to avoid that downward channel or things get bearish.
Trend Analysis
Test_Monkey
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.