UDOW

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xkosmox
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UDOW

Post by xkosmox »

Received an alert an hour ago for UDOW (ProShares UltraPro Dow30) ETF; it has suddenly dropped 50% in price in an hour, from 140+ to the current 72.5.

Couldn't find any news explaining this drop yet; any idea what's going on?
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Budge
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Re: UDOW

Post by Budge »

xkosmox wrote: Tue May 25, 2021 10:35 am Received an alert an hour ago for UDOW (ProShares UltraPro Dow30) ETF; it has suddenly dropped 50% in price in an hour, from 140+ to the current 72.5.

Couldn't find any news explaining this drop yet; any idea what's going on?
2:1 stock split.
SAA splits 5:1.

https://finance.yahoo.com/news/etf-odds ... c=fin-srch
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
xkosmox
The Journey begins
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Re: UDOW

Post by xkosmox »

Ahh thanks :D

So for the outstanding UDOW TI recommendations of:
First entry point of 111 to 114 unless it surpasses 155 first

Am I correct to say that after the 2:1 split; the new recommendations are:
First entry point of 55.5 to 57 unless it surpasses 77.5 first
?
Love yourself. Appreciate yourself. Be grateful to yourself.
https://allanideas.blog : I share life and business thoughts for myself and interested folks
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Budge
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Re: UDOW

Post by Budge »

xkosmox wrote: Tue May 25, 2021 11:36 am Ahh thanks :D

So for the outstanding UDOW TI recommendations of:
First entry point of 111 to 114 unless it surpasses 155 first

Am I correct to say that after the 2:1 split; the new recommendations are:
First entry point of 55.5 to 57 unless it surpasses 77.5 first
?
That's what I've done until I hear anything different.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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