APosner

Is EWH about to sell off?

AMEX:EWH   ISHARES MSCI HONG KONG ETF
21 0 3
With all the turmoil in the political scene of Hong Kong has anyone been watching the stock market there? Price is now in the vicinity of prior support/resistance and a failure to hold means price will fall another 9% to the next level of horizontal support. The current candle, incomplete as it is, is an bullish inverted hammer which needs confirmation. Without confirmation a fall is imminent.
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