FNGO Experiences Significant Drop Below Key Moving Average

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On Monday, shares of the MicroSectors FANG+ Index 2X Leveraged ETN ETF (FNGO) dipped below their 200-day moving average of $113.89, trading as low as $111.70, reflecting a drop of about 2.5% for the day. The ETF’s performance over the past year indicates a 52-week low of $57.0201 and a high of $140.8688, with the latest trade at $113.50.

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