Here we can see 
FXI potentially breaking out of a multi-year downtrend after a 2021 top. The stock formed an inverse head and shoulders pattern while touching support and bottoming at about $20.84. A large cap ETF such as this could be a very low risk trade heading towards the latter half of the year. Personally, I will be waiting to buy after it starts trading above the 50SMA. You can see it is currently above the 20, and now it is working its way to be above the 50 with significant volume this week.
FXI potentially breaking out of a multi-year downtrend after a 2021 top. The stock formed an inverse head and shoulders pattern while touching support and bottoming at about $20.84. A large cap ETF such as this could be a very low risk trade heading towards the latter half of the year. Personally, I will be waiting to buy after it starts trading above the 50SMA. You can see it is currently above the 20, and now it is working its way to be above the 50 with significant volume this week.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.