Was going through some ETFs and this Direxion Daily Semiconductor Bull 3X Shares seems to be looking for a bounce here, main reasons why i say this: 1. There is support from 200MA and Anchored VWAP from its last year lows. 2. There is seem to be a bullish symmetrical channel pattern. ( As drawn with black lines) 3. Notice the moving average cross on the MACD, considering previous trends.