Is Buying CONCEPT FUND SOLUTIONS PLC DBXT S&P 500 EQUAL WEIGHT DR ACC 1C Here a Winning Strategy?

 Is Buying CONCEPT FUND SOLUTIONS PLC DBXT S&P 500 EQUAL WEIGHT DR ACC 1C Here a Winning Strategy?

The stock of CONCEPT FUND SOLUTIONS PLC DBXT S&P 500 EQUAL WEIGHT DR ACC 1C (LON:XDEW) hit a new 52-week high and has GBX 105.40 target or 156.00% above today’s GBX 41.17 share price. The 5 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 16 by Barchart.com. If the GBX 105.40 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 0.04% or GBX 0.01 on November 16, hitting GBX 41.17. About 12,140 shares traded hands. CONCEPT FUND SOLUTIONS PLC DBXT S&P 500 EQUAL WEIGHT DR ACC 1C (LON:XDEW) has risen 7.59% since April 5, 2016 and is uptrending. It has outperformed by 2.90% the S&P500.

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