AVGX – Defiance – 30-Min Long Trade Setup!📈 🚀
🔹 Asset: AVGX (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Wedge Breakout + Support Bounce
📊 Trade Plan (Long Position)
✅ Entry Zone: Around $15.00 (breakout confirmation + retest bounce)
✅ Stop-Loss (SL): Below $14.55 (recent low & demand zone)
🎯 Take Profit Targets
📌 TP1: $15.99
Key stats
About Defiance Daily Target 2X Long AVGO ETF
Home page
Inception date
Aug 21, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
AVGX uses swap agreements to make bullish bets on Broadcom Inc. (AVGO) share price. AVGO is a global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in AVGO's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. AVGX could potentially lose value over time, even if AVGO's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
What's in the fund
Exposure type
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.