FNGD Long4th quarter open above 3rd quarter, waiting for a cross above the 3rd quarter to add again.
FNGD trade ideas
How to make the most out of a gold seasonLet’s get long on gold. $GDXU is a triple mover on the movement of beloved ETF GDX, Vanguards well known gold miners fund.
BUY ON FNGD AFTER BULLISH ACTION AT SUPPORTThis stock has been ranging for a while and now bulls are back at it by showing buying pressure at current support. This would be a buy and hold trade for me. I am buying now and just holding it, no target.
FNGD 1W $2.39 is bottomtest
FNGD offers -3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google ), and other companies that exhibit similar characteristics. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Eligible stocks must be listed on a US exchange (although ADRs are acceptable), classified in either the technology or consumer discretionary sectors, and exhibit similar traits to other technology and internet companies. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration. All holdings are equally weighted. As a geared product with daily resets of exposure, FNGD is designed as short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
FNGU with 42.36%The FNGU reached 42.36% of the Fibonacci extension level from a small wave. Support for the decline appears to be $26-28.
FNGU going to break the trendFNGU going to break the trend line. Already crossed trend line in rsi indicating return of strength.
FNGU to BounceI am not a financial adviser. Please consult a licensed financial adviser before investing. Never invest with money you can't afford to lose.
FNGU HnS and neckineBreaking down on the NQ1 and the FNGU. SHould have a neckline retest but don't know when.
But for now the trend is to the bear side.
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16 Price Characteristics Impacting Future Price Action and Trend16 Price Characteristics Impacting Future Price Action and Trend Strength
Cycle Amplitude
Cycle Period
Bar Retracement Symmetry
Average Bar Range (ATR)
Price Persistence
The Average Bar Stochastic Ratio (closing price compared to bar range)
Average Candlestick Real Body to Range Ratio
Angular Symmetry and Momentum
Barrier Proximity
Frequency and Depth of Trend-Based Oscillations
Relative Measure of Consolidation Size and Duration
Third Gap Exhaustion
Completion of the Average Period Range
Overextended Price Action with Respect to an Overlay Barrier
Volume Spread Action
Volume and Oscillator Divergence
$FNGU Bearish breakdown, Possible re-test of lower range of BB$FNGU 4-hour candles. After a massive run, FNGU has fallen out of the upward channel it's been in. We also see RSI breaking down below overbought zone and Stoch pulling down too. Also note falling volume as price has been increasing. This would appear to signal a change in trend. Now expecting a pullback to test the lower range of BB.
Disclosure: Long $FNGD
