Direxion Daily Semiconductor Bull 3x Shares ETF Stock Discussion

Alster : I’m adding puts

Reds93 : finally where do you see the next resistance at I feel 33 is a number it bounces between

Seng Hou : let break through 34

ひな☆彡 SOXL(Bull) OP Reds93 : Probably now is resistance…

ひな☆彡 SOXL(Bull) OP : If this break through easy 35….

Penguin : it was ‘shut down’ as soon as Trump was elected. no more shutdown.

ひな☆彡 SOXL(Bull) OP :

103459102 : nice

Penguin : the market has priced in the limitations Trump may enforce. however you‘ll never know what Trump will actually do after inauguration. to me the chips will not go worse anyway

10baggerbamm OP Penguin : the market hasn't priced anything in when you get named you're going to get crucified it's really that simple.
that's like saying if AMD misses their earnings and guides lower the stock's not going to go down despite being down over $100 from its peak.
the minute Trump talks about limitations and sales institutions will be shorting the piss out of every chip stock mentioned and the whole basket for that matter for fear that somebody else is going to be named that's part of the group that's just how it works.