MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038Arca
Description
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Great run up so far, looks like there should be a healthy pullback this week. Look out for the $94-95 Level for support. Stop Loss around $93, if FNGU gets below that it could retrace all the way to $80 which is another good buy zone. I'm long on this stock and not looking to invest in its inverse (FNGD) unless FNGU drops below $93
Not financial advice
Trade closed: target reached
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Targe reached and support broken, look for retracement down to the fib line
Read this post in today but very good analysis. Hope to see more of your views on FNGU
keepATLfunky
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@rupilthakur, hope you got in back in May! This run could keep going until the recession hits
keepATLfunky
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Coming in for a test of the trendline between $81-85. Currently short on this position by investing in the inverse
keepATLfunky
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Add to inverse position - FNGD
zAngus
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Hello, well done on your first post. We hope you enjoyed using the different charting tools and the publishing process. Thanks for sharing with the community.