Direxion Daily S&P Biotech Bear 3X Shares Price & Performance (LABD)

Recent technical analysis of the Direxion Daily S&P Biotech Bear 3x Shares (LABD) indicates pivotal trading levels. A buy signal emerges at $7.78, with a stop-loss at $7.76, while resistance at $8.36 suggests a short signal. Traders are advised to monitor these points for potential opportunities and risks.1

The Direxion Daily Energy Bull 2X ETF (ERX) continues to attract traders seeking amplified exposure to the energy sector. Providing 200% returns of the S&P Energy Select Sector Index, its heavy reliance on oil prices and high volatility make it suitable only for experienced, risk-tolerant investors.2

Leveraged ETFs like ERX and LABD are gaining traction among traders amid market uncertainty. These funds offer amplified returns but come with significant risk. Investors are urged to understand leverage mechanics and monitor positions closely to capitalize on short-term opportunities while mitigating potential losses.12