The stock of CONCEPT FUND SOLUTIONS PLC DBXT WORLD TELECOM SERVICES (LON:XWTS) reached all time low today, Nov, 11 and still has GBX 10.09 target or 11.00% below today’s GBX 11.34 share price. This indicates more downside for the GBX company. This technical setup was reported by Barchart.com. If the GBX 10.09 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 increased 1.66% or GBX 0.19 on November 11, hitting GBX 11.34. CONCEPT FUND SOLUTIONS PLC DBXT WORLD TELECOM SERVICES (LON:XWTS) has risen 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
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