This is just a question for thought, not a trade recommendation: Could the Emerging Markets Internet & Ecommerce ETF (EMQQ) be ready for a breakout? It's quite rare to find a chart where price has consolidated and appears to be breaking out, and at the same time, the oscillators are ready to move up on both the higher and lower timeframes. This set up can lead...
Emerging markets tech EMQQ outperforming US tech companies QQQ.
Emerging market ETFs are on my mind this weekend as I contemplate risk on assets that outperform US benchmark ETFs and can act as a form of high portfolio growth (also high portfolio beta in some instances) in a time when real yield is insatiable. Mainly, I want to focus on an emerging market ETF, EMQQ. It outperforms the most liquid China ETF, EEM, and focuses on...
This chart kind of speaks for itself. Without a doubt, EMQQ is a higher performing ETF than EEM while the former focuses more on the Chinese consumer and the internet companies in the Middle Kingdom.
Entry 37.67, Stop 37.25, Target 40.25