#TECL - FVG & Orderblock overlapThe yellow box is the FVG that overlaps with the green box #Order_Block (#supply_area); the overlap (~$72-$73 ) could be the potential #smart_money activity zone.
Key stats
About DIREXION SHARES ETF TRUST
Expense ratio
0.94%
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Inception date
Dec 17, 2008
TECL provides 3x levered exposure to the S&P Technology Select Sector Index, reset daily. Like all levered funds, it tends to underperform in volatile markets if held for longer than its reset period, and is only suitable for short-term trading positions. The underlying index (tracked in unlevered form by SSgA's XLK) consists of all tech companies in the S&P 500. This broad definition of the tech sector means TECL contains names traditionally thought of in technology in addition to those in diversified telecommunications services, communications equipment, semiconductors, and office electronics. However, the portfolio is concentrated in just a few names. It is important to clearly understand the risks in using such leverage. In addition, this product should only be utilized by those who actively manage their investments.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
TECL FibonacciLets see if the price bounce on 61.8 or 50
the next gap its on 50 how ever i would add some to my portfolio and add more if gets lower
TECL Forming Symmetrical WedgeMight see a TECL breakout, as it begins to form a symmetrical wedge pattern.
TECL RSI MA200 + WMA 50Voir les détails sur le graphique. il s'agit d'une strategie avec un risque modérer de faire des swing trading.
TECL SHORTAlthough it is overextended, we have to consider the pop in Salesforce and its impact on TECL.
Technology ETF Is Looking Like It's Going to BreakThe market is too complacent. The call/put ratio is is where it was before the last crash. I'm not sure why the market is going up but wedges are appearing. Technology ETF TECL (inverse is TECS) is a short.
Weekly Outlook for TECLSupport/Resistance with respect to Wyckoff and current fundamentals.
All of these prices are zones, so there is no specific value I am claiming the price will hit. I believe it will hit at/near the zones I marked.
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Displays a symbol's price movements over previous years to identify recurring trends.