The ETF on ASX is $IKO South Korea, iShare MSCI South Korea. This ETF tracks $EWY in the US Market. I like this wedge chart pattern here, we are still trading sideways since the start of the year. A breakout is coming, currently, the price is still above all three moving averages, (21,50,200). Therefore, it is more likely to break out into the upside. Buy...
Hidden bullish divergence giving a good opportunity to add to my position. Been bullish on this ETF for a little while (see earlier weekly charts). Targeting 38.50 initially
Bullish divergence on the RSI paired with a falling wedge = bullish.
We identified a bullish weekly candle in early march and started to average into the portfolios. This combined with bullish RSI divergence from oversold indicators has played out well so far (combined with some nice dividends in the interim). They are also acting as a nice hedge as I had hoped. Looking for 39 to start banking some profits
Continues to look poorly following my analysis a month ago (I sold all my holdings then). It is currently sitting on support and needs to bounce here otherwise I fear it will go a lot lower. (my hope so I can buy back in)
Technically the ETF is still consolidating within a continuation rectangle between 22 and 23.50 = bullish for holders. I will only look to cut my holdings below 22. One can look to add above 23.50, or wait for bottom of the rectangle hoping the support will hold? or potentially we also see a bounce here off the bottom of the channel. I am happy to continue...
Significant break lower which will be confirmed on a daily close. If it cannot regain the support level, 43 will be the next region to look for support. Only about 3% of my ISA but will potentially look to cut this afternoon if we don't see a bounce.
I've been averaging into Vanguard's fixed income ETFs for the past few months so glad to finally see some technical basing patterns coming through. A daily close above 37.85 confirmed the inverse head and shoulders and targets 39
LITHIUM is FLYING! Check our idea/post from June 17th of last year as well as November 2020 It was obvious fundamentally that this was going to happen, for one too many reasons you can read about in those 2 previous posts. If something has changed is only positive, with Lithium Americas, Albemarle, and JinkoSolar Stocks went off like rockets on Monday,...
ProShares Ultra Nasdaq Biotechnology seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®.
The Global X MSCI China Health Care ETF (CHIH) seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Health Care Sector as per the Global Industry Classification System (GICS).
Already long as per previous posts. Will add to my holdings on an upward break
The Satrix resource ETF has been trading around a defined uptrend for a couple of years now. Recently it broke out of the range and retested the upper band of the range before moving higher again. The upper band has been tested once more and you have to wonder if the recent high will be challenged again 7440. Large economies seem to be running hot at the moment...
The Innovators ETF AMEX:FFTY is being underperforming the TVC:SPX since February. This ETF is concentrated in growth stocks; so is a good barometer for that sector of the market. I see a volatility contraction pattern (VCP) with lowering volume, classic pattern before a crazy breakout. This breakout could be upward or downward, the thing is to be reactive....
1. green short squeeze (unlikely, unless SEC Approves BTC ETF) 2. red long grind down multi year bear 3. yellow down then up shakeout
KGRN is an environmental ETF based in China. China is only at 31% capacity for renewable energy with huge room for improvement. This ETF holds some of the top Chinese electric car companies. As we all know the Chinese market is the largest in the world and as their economy grows so will their push towards becoming more environmentally friendly. This ETF captures...
This ETF has been my favourite since 2020. With the scarcity in supply from agriculture segment and the incoming waves of inflation, this could be one good bet for agriculture sector. It's looking like a small cup and handle with the neckline at 19.19, it's looking pretty good if there's good volume to push for breakout. Let's see how the US Market goes for next...
Today, we will explain our trading idea on ARKK. What are we observing right now? The price is inside a descending Wedge pattern (106 days correction), and we are observing possible signs of a breakout happening soon. We can see a clear support zone that the price could not break, so we expect a bullish movement towards the next resistance zone at least. ...