Kraneshares China Internet ETF | KWEB | Long at $26.00
The "beginnings" of a change in the downward trend of China's tech stock market may be starting to unfold. The price of Kraneshares China Internet ETF 
KWEB has finally reconnected with my selected simple moving average (SMA) which often means further price consolidation or future price breakout from the overall mean. I'm not saying this will happen immediately and this particular SMA likes to be tested to "fake out" buyers and sellers (sometimes over months or years). Plus, there are price gaps in the low 
20S on the daily chart that often get filled before a run. But for the early birds out there, like myself, KWEB at $26.00 is in a personal buy zone as a starter position.
Target #1 = $30.00
Target #2 = $37.00
Target #3 = $49.00
Target #4 = $100.00 (very long-term view...)
KWEB has finally reconnected with my selected simple moving average (SMA) which often means further price consolidation or future price breakout from the overall mean. I'm not saying this will happen immediately and this particular SMA likes to be tested to "fake out" buyers and sellers (sometimes over months or years). Plus, there are price gaps in the low 20S on the daily chart that often get filled before a run. But for the early birds out there, like myself, KWEB at $26.00 is in a personal buy zone as a starter position.Target #1 = $30.00
Target #2 = $37.00
Target #3 = $49.00
Target #4 = $100.00 (very long-term view...)
Nota
Target #1 reached for a 15.4% gain ✅✅✅.Nota
Target #2 reached for a 42.3% gain ✅✅✅.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.