Direxion Daily Semiconductor Bull 3x Shares ETF Stock Discussion

151404867 : I agree, this is manipulated big time.

Reds93 : right how is it just hitting few dollars while basket holders are clocking in numbers 🫠

Penguin : don’t trust technical analysis on this etf

10baggerbamm OP Penguin : so what do you trust a crystal ball? support and resistance work on everything it doesn't make a bit of difference if it's Bitcoin if it's an industrial stock if it's a gold ETF it makes no difference. accumulation distribution relative strength, slows  stochastics can all be graphed. obviously your interpretation can differ than somebody else's but there's a general understanding what a resistance line looks like what a support line looks like,. you're able to see when something' is under accumulation you're able to see when something is oversold and overbought.

Penguin : How could your analysis determine the trend of AVGO, NVDA and their combination?

10baggerbamm OP Penguin : well you're not going to combine them you're going to look at them individually and one of them is very strong which is broadcom in one of them is quite frankly terrible which is NVIDIA. however you have to use a little common sense with Nvidia they're 100% sold out for next year on allotment so if one person were to have a problem one company a hyperscaler there's a long line of people that will buy what they have available 10 times over. sometime at the beginning of March they're going to have a Blackwell that is upgraded that's actually faster and better than the Blackwell that they're selling now. and then by the early fall you're going to hear about Ruben and the same nonsense that went on with Blackwell's going to happen with Ruben well there's going to be problems it's running hot what's the return on investment the same nonsense. and in between Nvidia will hit multiple new all-time highs. so now is when it needs to be bought if you don't own it and if it falls another two or three percent so what because money is going to pour back into this stock before you can blink and then everyone's going to say well if it just falls a little bit I'll buy it well you've got your chance now to accumulate a position

tian liang : Next 100

憨直的斯威尼 : Lift me up, let me go.

itsnever2l8totry : First, break through the 34-35 point gap and keep going.

憨直的斯威尼 : I don't know if it will break through. If it goes down today, it's another opportunity.

101661655 OP 憨直的斯威尼 : Hope

70065450 : it is bullist!