Algokid

LONG : Emerging Market (EEM)

Long
AMEX:EEM   iShares MSCI Emerging Index Fund
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6
EEM is up 3.3 % YTD and believe the momentum will pick up over the next few month. This trade as a nice upside potential. My target is 45.50 , which is a resistance on the monthly chart, However , i'm willing to lose only 4 % if this trade doesn't work.

Cheers

Algo