IHI 23% profit on 2nd COVID-19 market drop

AMEX:IHI   iShares U.S. Medical Devices ETF
Long-term investment idea for ETF AMEX:IHI on potential 2nd COVID-19 market drop.
IHI 23% profit / Long trade 225.39 -> 278.02 / TrailStop 26.32 of price amount
Profit: 23%, Risk: 11.5%, Risk ratio = 1/2
Allocation: 15% of the portfolio

All equities from our ideas was fundamentally checked and have good ratios (P/E, Debt/Equity, Sales past 5Y, Profit Margin) together with strong long-term up trends.

Stay tuned with more ideas and market signals with our Telegram-bot.

Rich ★ Simon

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.