Futures rebounded last night after China devalued their currency less than expected. We are in for a nice bounce before the real correction....
My analysis suggests that the Technology Sector is set for a massive upside price advance in the near future. My other analysis suggests the US stock market could begin another massive upside move as well. I believe the Technology sector has been push dramatically lower by fear and missed earnings data in relation to the recent Q3 earnings cycle. I believe many...
Not big on stocks but this is my view if TECL can flip the resistance level. If not, we can expect to return to retest the blue block. I'm only bearish if it goes under the monthly support level.
My WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF ( TECL ), at a price of $155.38 using a 120-min time frame. My idea is to buy the dip, at price below $155.38. I will update when I get the signal to close the trade. I am using the following parameters for this trade: Channel Length - 1100 Average Length - 1...
My WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF ( TECL ), at a price of $153.50 using a 120-min time frame. My idea is to buy the dip, at price below $153.50. I will update when I get the signal to close the trade. I am using the following parameters for this trade: Channel Length - 1100 Average Length - 1...
My WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF(TECL), at a price of $145.80 using a 120-min time frame. My idea is to buy the dip, at price below $145.80. I will update when I get the signal to close the trade. I am using the following parameters for this trade: Channel Length - 750 Average Length - 1 Average Length...
My WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF(TECL), at a price of $145.80 using a 2hr chart. My idea is to buy the dip, at price below $145.80. I will update when I get the signal to close the trade. WT Cross Strategy Link: *** I have a Pro+ subscription for Tradingview so this gives me access to more data...
RSI for tech elf's are through the overbought line, signaling a possible pullback.
For those who want to trade the tech sector but don't want to allocate a large portion of their account to the likes of AAPL, TECL is a legitimate contender for consideration. Billed as a 3x Bull ETF, it does a decent though imperfect job of mimicking the price movement of the NASDAQ, The allocation is 78% tech, 13% communication services,4% financial, and about...