After Today’s Huge Decline, Is ETFS COMMODITY SECURITIES LIMITED ETFS WTI CRUDE OIL’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is ETFS COMMODITY SECURITIES LIMITED ETFS WTI CRUDE OIL's Near Term Analysis Negative?

The stock of ETFS COMMODITY SECURITIES LIMITED ETFS WTI CRUDE OIL (LON:CRUD) is a huge mover today! The ETF increased 1.55% or GBX 0.11 on November 28, hitting GBX 7.44. About 1.41M shares traded hands. ETFS COMMODITY SECURITIES LIMITED ETFS WTI CRUDE OIL (LON:CRUD) has declined 1.56% since April 20, 2016 and is downtrending. It has underperformed by 7.58% the S&P500.
The move comes after 7 months negative chart setup for the GBX company. It was reported on Nov, 28 by Barchart.com. We have GBX 6.84 PT which if reached, will make LON:CRUD worth GBX less.

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