KWEB
A US based ETF for Chinese Internet companies.
They say that there is always a bull market somewhere in world.You only need eyes to recognise it.
KWEB has risen 102% in last two and half months.It is at 34.7 , all time high was 104 in FEB 21.
Daily ,Weekly,MACD all are buy mode . It may face some resistance due to profit-booking but trend seems to be up.
Weekly Chart
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
Subscribe To Our Free Newsletter |