Being able to pick up an ETF right at the lowest point and spotting the approximate highest point in one day (before it starts to drop), allows an investor to maximize potential gains.
Looking at the trend from the 6th to the 13th of February, FAZ seems to trend up and down at a certain period of time in a trading day depending whether it's a low* or high* start
* Low start - the stock starts lower than yesterday's close price
* High start -the stock starts above yesterday's close price
Here are the approximate data for the week:
(Time in EST)
13th Feb (Friday)
Start: 47.24 high start
End: 49.28
Highest: 49.28 at closing, 49.11 at 1:12 pm , 48.79 at 3:14pm
Lowest: 45.54 at 10:36am EST, 46.10 at 1:54pm
12th Feb (Thursday)
Start: 47.15 high start
End: 44.64
Highest: 51.16 at 3:06pm
Lowest: 47.54 at 12:30pm
11th Feb (Wednesday)
Start: 47.24 low start
End: 43.69
Highest: 48.21 at 2:42pm
Lowest: 43.53 at 11:32am, 44.94 at 1:22pm
10th Feb (Tuesday)
Start: 41.05 high start
End: 49.68
Highest: 50.37 at 3:40pm, 49.80 at 3:16pm
Lowest: 40.85 at 11:02am, 46.15 at 12:58pm
9th Feb (Monday)
Start: 39.69 low start
End: 39.44
Highest: 41.43 at 9:38am, 39.68 at 3:12pm
Lowest: 37.89 at 1:18pm
6th Feb (Friday)
Start: 47.28 low start
End: 40.94
Highest: 48.02 at 9:32am, 45.26 at 12:18pm, 43.08 at 3:06pm
Lowest: 41.78 at 1:50pm, 41.46 at 1:48pm
Summary:
Based on this week's data, here at the approximate best entry and exit times for FAZ depending on the start:
Low start AM entry: ~9:56am
Low start AM exit: ~10:34am
High start AM entry:~ 9:56am
High start AM exit: ~10:30am
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