FNGU - MicroSectors FANG Index 3x ETN 1/8/2023DPO 62 being used with chart TA above the 0 and below the 0 line. No Options on MaxPain maximum-pain.com Must trade this as cash.
Key stats
About MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038
Expense ratio
0.95%
Home page
Inception date
Jan 22, 2018
ISIN
US0636795348
FNGU offers 3x leveraged exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google [Alphabet Inc.]) and other companies that exhibit similar characteristics. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Eligible stocks must be listed on a US exchange (although ADRs are acceptable), classified in either the technology or consumer discretionary sectors, and exhibit similar traits to other technology and internet companies. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration. All holdings are equally weighted. As a geared product, FNGU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
Quick Flipjust bought hopefully towards the bottom of this over sold move and will be selling between 147-157.69
that should be a quick 20% build off of the 20% made on FNGD
That may be my last trade. Possibly go into FNGD again at the top but may be looking for a VIX play to go off volitivity
FNGU- Technology Titans CounterTrend LONG on ReversalFNGU on the 4H chart is in a trend down within a parallel channel. The previous trend down
from the top of the channel to the bottom was 29% while the counter counter-trend up from
the bottom of channel to the top was 18% over 7 days. Presenly the trend down from the
upper channel is confi
$FNGU Daily - Cup and Handle 8/22/23: AMEX:FNGU daily shows a recent head and shoulders formation with a price target at around 135ish. Zooming out, we see that a potential cup and handle may be forming with PT at 400 in 2024 if the handle manages to break out.
FNGU- the leaders of the pack will come back first LONGFNGU is triple leveraged ETF of the titans of the NASDAQ; I expect it to come back front
of volatility in the market quickly as its constituents are the leaders here. I hope to exploit this
for 10% before COB for the trading week in the next two days.. A volume profile and mean
anchored VWAP us
$FNGU - Weekly (Going Strong!)This is my all time favorite ETF, AMEX:FNGU with is 3x of some of the ten strongest companies in the U.S. We are in a beautiful upward trend and even though a pull back may be coming (we see 8 consecutive green weeks), I still think AMEX:FNGU is an excellent deal. R at 235 and S at 165.
$FNGU Weekly - Hits Our Price Target (and some) Yeah!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 AMEX:FNGU hitting a high of 163 premarket yesterday (Tuesday May 30) befo
$FNGU - WeeklyPotential Cup and Handle formation in AMEX:FNGU Weekly charts, with price target at 156.
FNGU Retracement for first half of AprilGreat run up so far, looks like there should be a healthy pullback this week. Look out for the $94-95 Level for support. Stop Loss around $93, if FNGU gets below that it could retrace all the way to $80 which is another good buy zone. I'm long on this stock and not looking to invest in its inverse (
See all ideas