wavepoint99

SOXL - Rising Trend Channel [MID TERM]

Long
AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
🔹Breakout the rising trend up in the medium long term.
🔹Achieves target at 25.20 after breaking rectangle formation.
🔹Support at 22 and resistance at 46.
🔹Technically positive for medium-term long-term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

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