$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

10baggerbamm commented on a stock · Dec 5, 2024 23:32

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ it doesn't matter what the catalyst is in this case synopsis fucked everybody royally and that just accelerates every single short-term trader to dump and every short seller to hammer the piss out of klac applied material synopsis go down the list..

it doesn't appear there's going to be any reversal today I don't think there's going to be a reversal going into the weekend which is not good if you're long this basket of stocks.

$29.70 is the short-term 20-day moving average we went through that very briefly if it can close above that price then a reversal is still possible reversal to the upside.

if this ETF closes at the low of the day then I think we could see 27.5 -28 near term.

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10baggerbamm

37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks

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