KraneShares Trust KraneShares CSI China Internet ETFArca
Description
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It has been a rough year here for Chinese stocks but after this recent weeks acceleration lower it feels like we're entering at least some type of short-term capitulation washout.
Volume acceleration
Extension outside multiple time frame Bollinger Bands
Speed of sell off
Definitely a fierce counter-trend trade for more experienced traders that can manage risk and position size appropriately but I'd pay attention to it in this 42 to 46 zone for a reaction.