Horizons Betapro S&P 500 Index C$ Hedged ETF’s Stock Is Buy After Reaching All-Time High

 Horizons Betapro S&P 500 Index C$ Hedged ETF's Stock Is Buy After Reaching All Time High

The stock of Horizons Betapro S&P 500 Index C$ Hedged ETF (TSE:HXS) reached all time high today, Nov, 24 and still has $56.50 target or 3.00% above today’s $54.85 share price. This indicates more upside for the $516.61M company. This technical setup was reported by Barchart.com. If the $56.50 PT is reached, the company will be worth $15.50M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 5,345 shares traded hands. Horizons Betapro S&P 500 Index C$ Hedged ETF (TSE:HXS) has risen 13.03% since April 20, 2016 and is uptrending. It has outperformed by 7.62% the S&P500.

More recent Horizons Betapro S&P 500 Index C$ Hedged ETF (TSE:HXS) news were published by: Theglobeandmail.com which released: “Volatility products offer tempting but dangerous investment” on September 13, 2011. Also Seekingalpha.com published the news titled: “No ‘Bull’ About Leveraged Gold Bull ETFs” on November 21, 2012. Bnn.ca‘s news article titled: “Keith Richards’ Top Picks: August 24, 2016” with publication date: August 24, 2016 was also an interesting one.

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