The stock of BMO EQL WGT US BANK HDGD TO CAD IDX ETF (TSE:ZUB) reached all time high today, Nov, 14 and still has $34.29 target or 45.00% above today’s $23.65 share price. This indicates more upside for the $374.37M company. This technical setup was reported by Barchart.com. If the $34.29 PT is reached, the company will be worth $168.47 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 28,938 shares traded hands. BMO EQL WGT US BANK HDGD TO CAD IDX ETF (TSE:ZUB) has risen 35.96% since April 8, 2016 and is uptrending. It has outperformed by 30.98% the S&P500.
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