The stock of CONCEPT FUND SOLUTIONS PLC DBXT WORLD CONSUMER STAPLES (LON:XDWS) reached all time low today, Nov, 4 and still has GBX 26.73 target or 10.00% below today’s GBX 29.70 share price. This indicates more downside for the GBX company. This technical setup was reported by Barchart.com. If the GBX 26.73 PT is reached, the company will be worth GBX less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 0.85% or GBX 0.25 on November 4, hitting GBX 29.7. About 14,600 shares traded hands or 867.53% up from the average. CONCEPT FUND SOLUTIONS PLC DBXT WORLD CONSUMER STAPLES (LON:XDWS) has risen 6.00% since October 5, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
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