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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Post by Moneyloopon Apr 08, 2024 7:17pm
125 Views
Post# 35977898

Today's close ?

Today's close ?So today's close ,sets  up a possible uptrend.
If NG closes above 1.90$ in the next 2 trading days , that will give a possible uptrend to 2$  in the next few trading days.

It all depends on the momentum of tomorrow. NG 50 day as been breach barely, it's all a wait and see. 

This is all micro analysis, for whom wants to flip every other day. If you think this is going up in the future, then this is all noise for you, and stick to the game plan.

The risk for longs is the reverse split. If this can't gain traction you're going to get screwed. Because the reverse split of HNU is the worst I ever seen in the stock market.
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