Is Selling Hori. Beta. NYMEX Nat. Gas Bl. Pl. (ETF) Here a Winning Strategy?

 Is Selling Hori. Beta. NYMEX Nat. Gas Bl. Pl. (ETF) Here a Winning Strategy?

The stock of Hori. Beta. NYMEX Nat. Gas Bl. Pl. (ETF) (TSE:HNU) is a huge mover today! About 2.15M shares traded hands or 19.44% up from the average. Hori. Beta. NYMEX Nat. Gas Bl. Pl. (ETF) (TSE:HNU) has risen 48.59% since March 24, 2016 and is uptrending. It has outperformed by 45.11% the S&P500.
The move comes after 5 months negative chart setup for the $88.34M company. It was reported on Oct, 31 by Barchart.com. We have $9.34 PT which if reached, will make TSE:HNU worth $12.37M less.

Horizons BetaPro NYMEX Natural Gas Bull Plus ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, to correspond to two times (200%) the daily performance of the New York Mercantile Exchange (NYMEX) natural gas futures contract for the next delivery month. The ETF has a market cap of $88.34 million.

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