KORU Direxion Daily MSCI South Korea Bull 3X ETF
Direxion Daily MSCI South Korea Bull 3X ETF (KORU) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on ARCA. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
In the buy zone (provisional)
Price is sitting on the lower trend line — the level that has repeatedly held.
Read from the last 18 months of history we hold: rising, drifting more than +100% a year. The nearest ceiling overhead is US$159.89. What would overturn this: a close below US$20.55 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 18 months read from
- US$20.55 – US$159.89 Rising channel, more than +100% a year
- Position in that channel
- -2% below the floor of it — 0% is the floor, 100% the ceiling
Provisional: fitted to a short history, so treat the lines as a first read rather than a projection. No trade is suggested and alerts stay off until there is more data.
What broke this trend
- The fall
- -81% from US$63.251 June 2026 → 29 July 2026
- Whose problem it was
- This company1 of 4 Asset Management - Leveraged peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 13%of what it lost
- What the record says
- 38% of 264 comparable falls came back, typically in 177 days measured across every stock we hold history for, its peer group being too small
The trend broke in June 2026: price fell 81% from 63.25 to 12.05 by July 2026, and has regained 13% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: “If You Invested $1000 In Direxion Daily South Korea Bull 3X ETF Stock 10 Years Ago, You Would Have This Much Today”. What happens next is not settled: falls of about 81% here have come back to the old high 38% of the time (264 comparable falls), typically in 177 days, which is too close to a coin toss to price a recovery from.
Reported at the time: If You Invested $1000 In Direxion Daily South Korea Bull 3X ETF Stock 10 Years Ago, You Would Have This Much Today — 2 June 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
The lines above are fitted to a short history, which is not a base we will project a published call from. The buy and target below are still this site's read of those lines.
Buy now
US$18.44
last close · 16 Sept 2026
Channel buy is US$20.60; last close is the better price available now.
Our target
US$346.58
by 16 Dec 2026
Projected move
1779.5%
gross, before costs
Last close is our buy — the best price available now.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 37%
- Fitted
- 16 Sept 2026
About Direxion Daily MSCI South Korea Bull 3X ETF
The Direxion Daily MSCI South Korea Bull 3X ETF aims to provide daily returns that are triple (300%) the performance of the MSCI Korea 25/50 Index. This target is measured prior to the deduction of any fees and operating expenses. However, investors should be aware that there is no guarantee the fund will consistently meet its stated objective.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
https://www.direxion.com/product/daily-msci-south-korea-bull-3x-etf
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$1.38B
- Enterprise value
- —
- Beta
- 6.02
- Avg volume
- 26.07M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 4.932-63.985
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.