VelocityShares Daily 2x VIX ST ETN (TVIX) Has Bearish Double Bottom Trading At $53.40

June 26, 2018 - By Bridget Boland

VelocityShares Daily 2x VIX ST ETN (TVIX) forms double bottom. It has $51.80 PT and $53.40 stock price. It has $526.96 million MC. On Jun, 26 the double bottom chart pattern was posted by Finviz.com. The valuation of TVIX can change by $15.81M if our $51.80 PT is reached.

TVIX is reaching $53.4 during the last trading session, after decreased 4.71%.VelocityShares Daily 2x VIX ST ETN has volume of 3.98M shares. Since June 26, 2017 TVIX has declined 80.45% and is downtrending. The stock underperformed the S&P500 by 93.02%.

There’s an important VelocityShares Daily 2x VIX ST ETN (NASDAQ:TVIX) news released by Investorplace.com. It’s an article titled: “This Downgrade Is the Least of the Bad News for Hershey Co Stock” on June 15, 2018.

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