Skyy999

$FNGU Weekly - Hits Our Price Target (and some) Yeah!

AMEX:FNGU   MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038
Love when we draw charts and candles move beautifully in that direction. We spotted the Cup and Handle Formation in early May and set a price target of 156. I didn't think it would come this soon but glad that it did, with FNGU hitting a high of 163 premarket yesterday (Tuesday May 30) before pulling back. Still a strong stock overall but think you can wait to get in at a better deal if you like.

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