Falling Wedge

Leveraged ETN x 3.
Volatile and not intended to be held long term as fees can be high.

A falling wedge converges at the apex as the down sloping trendlines narrow.
Considered bullish when price breaks the upper line with an uptrend.

No recommendation/best to buy on market UP days and this ETN is very risky.

Basically this ETN is shorting these holdings:
Top 10 Holdings (100.00% of Total Assets)

Alibaba Group Holding Ltd ADR BABA 10.00%
Alphabet Inc A GOOGL 10.00%
Amazon.com Inc AMZN 10.00%
Apple Inc AAPL 10.00%
Baidu Inc ADR BIDU 10.00%
Facebook Inc A FB 10.00%
Netflix Inc NFLX 10.00%
NVIDIA Corp NVDA 10.00%
Tesla Inc TSLA 10.00%
Twitter Inc TWTR 10.00%

Bình luận:

Volatile as a volcano so be safe