December 21, 2012 at 07:18 AM EST
Morning Hot Equities Review & Reports For: (NYSE: UGAZ), (NYSE: UVXY)
Morning Hot Equities Review & Reports For: (NYSE: UGAZ), (NYSE: UVXY)

Velocity Shares 3x Long Natural Gas ETN (NYSE: UGAZ) traded in the range of $23.16 and $25.03 during its latest trading session. The fund had opened at $23.63 and closed at $24.61, up 9.48 percent from its previous close. Its MACD shows neutral trend and it may go as high as $25.26 level in the coming trading sessions. The fund’s second resistance level is at $26.86. Velocity Shares 3x Long Natural Gas ETN is run by Credit Suisse AG and it has $40.88 million worth of assets under its management. Its first support level is at $23.21.

Find out if UGAZ will be able to maintain the momentum by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=UGAZ

 

ProShares Ultra VIX Short Term Future ETF (NYSE: UVXY) stock closed its latest trading session at $20.57, up 4.78 percent from its previous close. Its latest trading volume has been recorded at 8.462 million shares, which is marginally higher than its average daily trading volume of 7.888 million shares. The fund shows bearish trend and may tumble down to $18.72 level in the coming trading sessions. On the upside, it may resistance at $28.48. ProShares Ultra VIX Short Term Future ETF is administered by ProShares and its Assets under Management are worth $144.46 million.

Find out more about UVXY here: http://www.wallstreetreport.net/market-scan/?symbol=UVXY

 

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SOURCE Investor Alley, Inc.

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