January 17, 2017 - 07:30 AM
At Day Traders Group our trading group has been investing in leading financial stocks such as (USLV) VelocityShares 3x Long Silver ETN & other stocks and ETF's in this and other sectors
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Financial stocks on our radar this week are: $FHN $WFC $MS $C with earnings trading opportunities this week
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Check out these time stamped and ✔️#verified gains last month with a cumulative profit of over 3,000% using stock options:
(USLV) VelocityShares 3x Long Silver ETN :
ETNs are intended to be daily trading tools for sophisticated investors to manage daily trading risks. They are designed to achieve their stated investment objectives on a daily basis, but their performance over different periods of time can differ significantly from their stated daily objectives. The ETNs are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day. Any decision to hold the ETNs for more than one day should be made with great care and only as the result of a series of daily (or more frequent) investment decisions to remain invested in the ETNs for the next one-day period. Accordingly, the ETNs should be purchased only by knowledgeable investors who understand the potential consequences of an investment linked to the underlying index and of seeking daily compounding leveraged long or leveraged inverse investment results
Previous Close 14.13
Open 13.98
Bid0.00 x
Ask0.00 x
Volume 2,765,956
Rel. Volume 2.28
20-Day Volume Average1,440,492
Market Cap $222,952,464
ETNs Outstanding 16,967,463
1 year price objective: 24.90
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Recent Technical Events:
Gap up on High Volume Jan 17, 2017 ⚠️
Bullish wedge breakout⚠️
Long term trend: neutral
Short float: 2.26%
RSI (14) 62.72
resistance 22.085
resistance 20.219
resistance 18.934
resistance 16.026
support 13.4020
support 10.872
support 8.812
After a temporary set back, the prior uptrend may be likely set to continue. A falling Wedge (Bullish) represents a price consolidation to an uptrend, often times assuming the shape of two converging trendlines each slanted downward against the trend. During this time the sellers attempt to press prices lower, however in the end the buyers overtake the sellers as the break on high volume above the upper trendline signals a likely continuation of the prior uptrend
