Patience has started to pay off. I have been averaging into this ETF for a while - especially when we saw the re-test of the inverse h&s neckline. The bull flag has finally broken higher and will target new all time highs - will hopefully see 31/32 region. Currently largest % holding in my portfolio and happy with current allocation.
Bullish developments continue following inverse H&S break. Needs to stay above 24.50
There is a large confirmed bullish inverse H&S (see prior charts) - and I was buying the dips around the 26.00 level into my ISAs and SIPPs. We have seen healthy consolidation over the past month and the etf now appears to be in the process of building a bull flag. This will be confirmed with a daily close above 26.70 and has a full target of 28.00. Given the...
One of my favourite ETFs and I am keen to start getting back to full weight. Technical points: - Hidden bullish RSI - Gapped down and extended from 20SMA - Upward sloping support May drop further to 25 to re-test massive inverse H&S break - will be a further opportunity to buy more
Been a long term favourite ETF of mine. Slight bearish RSI divergence appearing on the weekly. Lightened up my position on Monday hoping for lower entry levels. 25 would be a great level to load up