SWRLS

SOXL Wedge Tightening Looking for a Breakout

Long
AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
Taking a stab at SOXL for a reversal here. Tightening down in a wedge for the last week. After semis had been making new highs. Relatively oversold RSI on the 65min and MACD about to flip bullish on the same timeframe. Active trade. In @ $31.99, target $36

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