The stock of ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG TIN (LON:LTIM) hit a new 52-week high and has GBX 80.16 target or 198.00% above today’s GBX 26.90 share price. The 9 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 7 by Barchart.com. If the GBX 80.16 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF increased 2.55% or GBX 0.67 on November 7, hitting GBX 26.9. About 542 shares traded hands. ETFS COMMODITY SECURITIES LIMITED ETFS 2X DAILY LONG TIN (LON:LTIM) has risen 56.64% since March 29, 2016 and is uptrending. It has outperformed by 54.69% the S&P500.
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