The stock of Tech Giants Covered Call ETF (TSE:TXF) reached all time high today, Nov, 21 and still has $39.35 target or 197.00% above today’s $13.25 share price. This indicates more upside for the $96.69M company. This technical setup was reported by Barchart.com. If the $39.35 PT is reached, the company will be worth $190.48M 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 10,482 shares traded hands. Tech Giants Covered Call ETF (TSE:TXF) has risen 14.08% since April 15, 2016 and is uptrending. It has outperformed by 10.22% the S&P500.
More notable recent Tech Giants Covered Call ETF (TSE:TXF) news were published by: Theglobeandmail.com which released: “The case against covered call ETFs” on May 23, 2014, also Theglobeandmail.com with their article: “The top Canadian ETF needs tech to stay relevant” published on February 08, 2013, Seekingalpha.com published: “Boost Your Income With These ETFs” on April 21, 2014. More interesting news about Tech Giants Covered Call ETF (TSE:TXF) were released by: Forbes.com and their article: “Is It Worthwhile To Sell Covered Calls in Stocks Like Apple and ETFs Such As …” published on April 13, 2016 as well as Cnbc.com‘s news article titled: “Tech giants face child labor storm” with publication date: January 19, 2016.
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