Bullish On Semiconductor Stocks? Trading Stratagies For This 3X Leveraged ETF (SOXL)
Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) was trading down Friday, consolidating a recent rise, which saw the ETF surge almost 70% since Dec. 28.
The semiconductor sector suffered a steep most of last year, which caused SOXL to plummet almost 90% in 2022.