KWEB - Perking up?

Panjang

KraneShares Trust KraneShares CSI China Internet ETF (AMEX:KWEB)

AMEX:KWEB KraneShares Trust KraneShares CSI China Internet ETF

KWEB had a nice hold at the golden pocket and volume has started to pick up on up days and tail off on down days. With the Nikkei making new 33 year highs and the US markets looking a little long in the tooth, China may be the place to take a shot. Moving averages flattening out and starting to rise. KST, MACD and RSI looking good! Yesterday's move down didn't quite fill the gap but I'm not quibbling over a a few cents. Lots of upside here if China economy can start to pick up after a long period of economic woes due to pandemic.

Penafian

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