Direxion Energy Bull 2X SharesPembelian
ERX broke out from the raising triangle
ERX (The fund seeks daily investment results of 300% of the performance of the Energy Select Sector Index .) broke out today.
The fund had its biggest rally today since 11.16.2015. The breakout has a good volume.
ERX had a higher low when oil was printing a lower low on 02.11. So the energy shares were pricing that oil is bottoming soon. Based on this oil will follow the energy shares and will break out also.
Just a short thought: The price of ERX was 140 2 years ago. 700% is not bad in 2 years...
The fund had its biggest rally today since 11.16.2015. The breakout has a good volume.
ERX had a higher low when oil was printing a lower low on 02.11. So the energy shares were pricing that oil is bottoming soon. Based on this oil will follow the energy shares and will break out also.
Just a short thought: The price of ERX was 140 2 years ago. 700% is not bad in 2 years...
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.