$Direxion Daily Semiconductors

$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ When a leveraged ETF does a reverse split to increase its price after a downtrend, that can sometimes be a signal to watch. It's a mechanism some see as a way to reset perception. Suddenly, something like SOXS can look expensive and deter buying.

It's similar to what happened with $Direxion Daily MU Bull 2X Shares(MUU)$ , where they added shares to make the price appear cheaper. It helps to be aware of these types of market mechanics.

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