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Uptrend Call Working As Direxion Daily Semiconductors Bull 3x Stock Rises 16.7% (SOXL)

By David Diaz

SmarTrend identified an Uptrend for Direxion Daily Semiconductors Bull 3x (NYSE:SOXL) on February 10th, 2015 at $128.89. In approximately 3 weeks, Direxion Daily Semiconductors Bull 3x has returned 16.69% as of today's recent price of $150.40.

In the past 52 weeks, shares of Direxion Daily Semiconductors Bull 3x have traded between a low of $68.68 and a high of $162.79 and are now at $149.30, which is 117% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.4% while the 200-day MA has risen 0.9%.

Direxion Daily Semiconductors Bull 3x Shares is an exchange-traded fund incorporated in the USA. The Fund's objective is daily investment results, before fees and expenses, of 300% of the price performance of the Philadelphia Semiconductors Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Direxion Daily Semiconductors Bull 3x shares.

Log in and add Direxion Daily Semiconductors Bull 3x (SOXL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights direxion daily semiconductors bull 3x

Ticker(s): SOXL