DPST Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: The DPST shows strong bullish momentum, with recent gains of 140.3% over the past year and a high volume in call options, suggesting optimism. The prevailing implied volatility is elevated, indicating potential further upside as market conditions stabilize.




Bearish Case: Despite the recent gains, DPST remains down 84.1% over five years, and the market's implied volatility is beginning to stabilize, leading to possible increases in bearish sentiment. Any adverse news could trigger a decline.




Potential Outcomes:

1. Rebound to $160 in the next month (40%).

2. Sideways trading near $140-$150 (35%).

3. Drop to $120 due to external shocks (25%).




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November 14, 2024


Direxion Daily Regional Banks Bull 3X Shares Forecast

DPST        Direxion Daily Regional Banks Bull 3X Shares











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