Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Broke the 200 MA and thru resistance. Stop = 14.07 Target $16.50 (Equal move)
VNM is the closest ETF that one can get to its stock markets. About 50% of its components lies in real estate and financial institutions. Like all emerging markets, these are the sectors that drives the economy. Banks liberalised, lend more money out, developers borrowed cheaply, build projects to attract investors, bringing local economy up. From lowering of its...
This hasn't broken the trend line or breached the 20 sma. If it bounces off of the (take your pick) it would be a good indication that this will continue to go up as long as Vietnam continues to move into Chinese retail space. Use the trade war to your advantage :)
VNM poised for markup following period of accumulation using Wyrckoffian Logic?
Breakout set at 17.43 Half an ATR from the neckline. Target is 19.98 Keep an eye on gaps getting filled/providing resistance
Among emerging countries, Vietnam stands out as the one with the most growth potential -albeit a communist regime. If the index goes down further, along with the emerging market rout, this will be an interesting opportunity to get in. There is plenty of upside potential on the long-run. Unfortunately, just a 1.05% yield.
VNM appears to have bottomed and begun an ascent higher. It can be a bit volatile, but not a bad play for a month or two holding period. A few levels of resistance to pass through, however in the past for this market, it didn't take much time to get through them (200DMA, overhead trend resistance, and 50% retracement level).