[May 22, 2012] 33.6% Return Seen to Date on SmarTrend Direxion Daily Semiconductors Bull 3x Call (SOXL) Tweet May 22, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Direxion Daily Semiconductors Bull 3x (NYSE:SOXL) on April 4th, 2012 at $39.25. In approximately 2 months, Direxion Daily Semiconductors Bull 3x has returned 33.56% as of today's recent price of $26.08. Direxion Daily Semiconductors Bull 3x share prices have moved between a 52-week high of $57.25 and a 52-week low of $19.56 and are now trading 33% above that low price at $26.08 per share. The 200-day and 50-day moving averages have moved 0.33% lower and 1.96% lower over the past week, respectively. 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 changes in momentum for shares of Direxion Daily Semiconductors Bull 3x. 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. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]