The stock of DB X-TRACKERS DBX S&P 500 2X LEVERAGED ETF (LON:XS2D) reached all time high today, Nov, 24 and still has GBX 47.44 target or 7.00% above today’s GBX 44.34 share price. This indicates more upside for the GBX company. This technical setup was reported by Barchart.com. If the GBX 47.44 PT is reached, the company will be worth GBX 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. The ETF increased 0.91% or GBX 0.4 on November 24, hitting GBX 44.34. About 8,247 shares traded hands. DB X-TRACKERS DBX S&P 500 2X LEVERAGED ETF (LON:XS2D) has risen 9.92% since April 19, 2016 and is uptrending. It has outperformed by 4.51% the S&P500.
More news for DB X-TRACKERS DBX S&P 500 2X LEVERAGED ETF (LON:XS2D) were recently published by: Businesswire.com, which released: “db x-trackers UK Regulatory Announcement: db x-trackers: Important Notice to …” on June 29, 2016. Businesswire.com‘s article titled: “Important Notice to Shareholders” and published on August 21, 2015 is yet another important article.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.