$FAZ - Direxion Daily Financial Bear 3x Shares
The Fund seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Financial Index. The Fund seeks to create short positions by investing at least 80% of its net assets in Financial Instruments that provide leveraged and unleveraged exposure to the Financial Index.
Please keep the Direxion Daily Financial Bear 3x Shares on your watch list for a prive move to the upside between $81.60 - $81.65 on heavier than average daily trading volume of 22.13 million.
As of the close of the stock market on Friday the Direxion Daily Financial Bear 3x Shares ETF ended the week trading at $65.97 down -3.15 or -4.56% on heavier than average weekly downside trading volume of 99.01 million. The average weekly trading volume for the Direxion Daily Financial Bear 3x Shares 87.47 million.
This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
*** Please have a close look at the charts listed below ****