FNGU tracks the NYSE FANG+ Index ans the NYSE FANG+ Index almost always starts a downtrend in mid December, which last until the first week of January when it resumes an uptrend. Since this is what almost always happens, it is safe to assume it'll repeat the same process. So entry into FNGU is idea on the final trading day of the year unless the downtrend ends...
SUMMARY:
Depending on what Candle type you use, anybody that invested in $FRHC on or before November 12th should hold off on selling then wait at least 5 days for uptrend continuation.
SYNOPSIS:
Backtesting of this stock with a tight ATR(5:1) using a Heikin Ashu has a 75% accuracy rate with an average trads profit of 13.58%/signal shows that the current ATR...
