VANGUARD FUNDS PLC VANGUARD FTSE DEV ASIAPAC XJPN UCITS ETF Can’t Burn Your Portfolio. Has Another Gap Up

 VANGUARD FUNDS PLC VANGUARD FTSE DEV ASIAPAC XJPN UCITS ETF Can't Burn Your Portfolio. Has Another Gap Up

The stock of VANGUARD FUNDS PLC VANGUARD FTSE DEV ASIAPAC XJPN UCITS ETF (LON:VAPX) gapped up by GBX 0.25 today and has GBX 39.12 target or 121.00% above today’s GBX 17.70 share price. The 6 months technical chart setup indicates low risk for the GBX company. The gap was reported on Nov, 8 by Barchart.com. If the GBX 39.12 price target is reached, the company will be worth GBX more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The ETF increased 0.17% or GBX 0.03 on November 8, hitting GBX 17.7. About 1,216 shares traded hands. VANGUARD FUNDS PLC VANGUARD FTSE DEV ASIAPAC XJPN UCITS ETF (LON:VAPX) has risen 21.88% since March 22, 2016 and is uptrending. It has outperformed by 19.92% the S&P500.

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