Apollo_CB

Small cap value bouncing off demand AVUV

Long
BATS:AVUV   Avantis U.S. Small Cap Value ETF
AVUV is my small cap value index that I use, I was able to snag a few long-term DCAs on this weekly demand I drew a while back. I think markets are really getting sick of non-profitable companies, and small cap value focuses mostly on companies that make money and are less sexy than the growth tech stocks. I like to hold about 10% of my long-term account in this at all times to keep exposure to that more boring side of the market, value will come over time. My long term channel is drawn with the dashed greens and the bright green line is ATH. My short term target is 82.77$.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.