Direxion Work From Home ETF Price & Performance (WFH)

The Direxion Work From Home ETF (WFH) is under scrutiny as technical data suggests weak performance in the near and mid-term. Resistance levels at 58.72 and 62.89 are key points for traders, with signals indicating short opportunities. Long-term ratings, however, remain strong, suggesting potential recovery.1

Day trading plans for WFH reveal opportunities for both long and short positions, depending on resistance at 58.72. A break above this level signals a buy, targeting 59.97, while tests of resistance suggest shorting with a target of 57.86. Stop-loss levels are critical for managing risks.1

Swing trading strategies for WFH focus on resistance at 58.72. Breaking above this level triggers a buy signal with a target of 60.58, while testing resistance signals a short opportunity. Stop-loss levels at 58.55 and 58.89 are essential to mitigate potential losses.1