$Direxion Daily Semiconductors

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 1067.81Up 2.86, or 2.8%, after an opening pop. It has been pulling back since, but on low volume. I'm waiting to see the selling stop, and then there might be another move back up. A lot of the movement is just tracking SKHY, which is also pulling back. So once those memory chips stop pulling back, I'd look for a bounce. They're annoying, but they're the main source of volatility in SOXL, so you have to keep an eye on them.

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