The stock of Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) reached all time high today, Nov, 24 and still has $19.35 target or 6.00% above today’s $18.25 share price. This indicates more upside for the $180.17 million company. This technical setup was reported by Barchart.com. If the $19.35 PT is reached, the company will be worth $10.81M 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 4,275 shares traded hands. Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) has risen 5.27% since April 20, 2016 and is uptrending. It has underperformed by 0.14% the S&P500.
More notable recent Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) news were published by: Theglobeandmail.com which released: “Don Vialoux and son promise return after cutting ties with Horizons” on August 18, 2015, also Theglobeandmail.com with their article: “Why the fund I manage has exited 90% of its equities” published on May 05, 2016, Business.Financialpost.com published: “Jonathan Chevreau: Why fund investors should get active with their ETFs” on September 08, 2015. More interesting news about Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) were released by: Theglobeandmail.com and their article: “The best ETFs for investing in metals and mining” published on March 07, 2011 as well as Theglobeandmail.com‘s news article titled: “For seasonal traders, this Monday is the day to buy stocks” with publication date: October 26, 2012.
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