The stock of MULTI UNITS FRANCE LYXOR DOUBLE SHORT 10Y US TREASURY GBP (LON:DSUG) hit a new 52-week high and has GBX 10707.00 target or 66.00% above today’s GBX 6450.00 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 10707.00 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 stock increased 0.37% or GBX 23.5 on November 11, hitting GBX 6450. About 208 shares traded hands. MULTI UNITS FRANCE LYXOR DOUBLE SHORT 10Y US TREASURY GBP (LON:DSUG) has risen 10.62% since March 28, 2016 and is uptrending. It has outperformed by 4.48% the S&P500.
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