Buy This ETF at $95.80?

This Exchange Traded Fund (ETF) appears ready for a rapid rise in price based on technical and fundamental reasons.  More importantly the risk/reward ratio appears to be in the buyers favor at this time and price.

Buying a stock or ETF at a price more than 5% above the price shown would be considered “chasing” the equity and can often be a mistake; it is not recommended. Disclaimers

 

Action: BUY

Stock:  ProShares Ultr Short S&P 500 (SDS)

Current Price: $95.80

Graph

This Exchange Traded Fund (ETF) appears ready for a rapid rise in price based on technical and fundamental reasons.  More importantly the risk/reward ratio appears to be in the buyers favor at this time and price.

Buying a stock or ETF at a price more than 5% above the price shown would be considered “chasing” the equity and can often be a mistake; it is not recommended. Disclaimers

 

Action: BUY

Stock:  ProShares Ultr Short S&P 500 (SDS)

Current Price: $95.80

Graph