Total Assets$Direxion Semicon Bull 3X(SOXL.US) has given several opportunities to play the rebound in the 150-160 range. I sold each time between 170-190, making a bit of pocket money. Today it broke below the 150 support level, looks like the next rebound zone will be 140-150. Anyway, coming from getting beaten up in the Myanmar A-share market, this feels much easier to trade. At least it gives rebounds, and there's plenty of room for volatility arbitrage every day. The lesson from Hynix is: don't hold leveraged ETFs long-term, don't carry heavy positions, just take profits and run.
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