☝ KWEB - ETF of Chinese tech giants. It is traded on ARCA, but managed by a Chinese bank, so there is no threat of delisting.
Price is at the bottom of the channel. Most likely it will be a bottom and there will be a reversal up at least 50% towards the resistance line of $70 by February 2022. The upcoming bullish reversal is confirmed by the MACD-histogram, which is already in a bullish divergence.
However, in February 2021, there was a 19.83% move up from the channel. Such a pull-out can be repeated down to the $40 support line.
Not a financial recommendation.
GET RICH OR DIE TRYIN
Price is at the bottom of the channel. Most likely it will be a bottom and there will be a reversal up at least 50% towards the resistance line of $70 by February 2022. The upcoming bullish reversal is confirmed by the MACD-histogram, which is already in a bullish divergence.
However, in February 2021, there was a 19.83% move up from the channel. Such a pull-out can be repeated down to the $40 support line.
Not a financial recommendation.
GET RICH OR DIE TRYIN
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.