A Great ETF to own Apple, Tesla and Amazon

Long

MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038 (AMEX:FNGU)

AMEX:FNGU MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038

Fibonacci

fibonacci

Recently, I notice Amazon is overvalue. Massive hiring during this season is normal because they layoff too much delivery force after Christmas. Amazon also ended their relationship with Fedex and start doing more in house delivery fleet. Amazon lost a $10 Billion dollars contract with DoD and try to take it away from Microsoft, I don't think Microsoft will be willing to go down that easy and handed a $10 billion dollar contact to Amazon. So, I believe the money that flood into Amazon stock will crash really soon. Overall, Amazon is a good company.

I am looking to buy into a dip on this ETF.

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