Direxion Daily Semiconductor Bull 3x Shares
Long
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SOXL 50 EMA Bounce

SOXL is tightening down in a wedge and bounced perfectly off the 50 EMA after being down over 6% on the day. Looking for continued strength into the close. Chart looking very similar to what we saw at the end of January and early February.
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Perfect. Scaling out here.

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