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SOXL - Semi's are looking strong again
Direxion Daily Semiconductor Bull 3x Shares
Long
SOXL - Semi's are looking strong again
By Test_Monkey
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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
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