AMEX:ITA   iShares U.S. Aerospace & Defense ETF
Fundamentally:
Raise of world instability and wars risks.
War in Ukraine
Future possibility of NATO vs Russia conflict

Technically:
I see a clear impulse after correction. Will wait for wave 2 to add more to this trade. Currently, have position lower.
In M1 good PA reversal signal.
No a financial advice.

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