The stock of Horizons BetaPro S&P 500 Bull Plus ETF (TSE:HSU) reached all time high today, Nov, 21 and still has $89.86 target or 158.00% above today’s $34.83 share price. This indicates more upside for the $31.46M company. This technical setup was reported by Barchart.com. If the $89.86 PT is reached, the company will be worth $49.71M 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 31,113 shares traded hands. Horizons BetaPro S&P 500 Bull Plus ETF (TSE:HSU) has risen 9.53% since April 15, 2016 and is uptrending. It has outperformed by 5.66% the S&P500.
More important recent Horizons BetaPro S&P 500 Bull Plus ETF (TSE:HSU) news were published by: Theglobeandmail.com which released: “Turning market volatility into profits” on May 09, 2011, also Business.Financialpost.com published article titled: “Horizons BetaPro launches Canada’s first volatility ETFs”, Theglobeandmail.com published: “Tempted to bet on market volatility? Here’s why advisers urge caution” on February 16, 2016. More interesting news about Horizons BetaPro S&P 500 Bull Plus ETF (TSE:HSU) was released by: Midasletter.com and their article: “S&P/TSX Composite, S&P 500: Top Trades in Crisis Markets â€“ Horizons BetaPro ETFs” with publication date: January 20, 2016.
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