iShares China Large-Cap ETF
Long
Mis à jour

FXI - Wave 5 can push price to 40+

A Wave 4 50% indicated price would drop to 31.10. Filled at 31.05. Wave 5 should push prices above Wave 3. While I will take some profits around the $40 level, as I did when price hit $33, my initial target, China will be a force going forward so I will maintain a long-term stock position. Thus far, this has been an exceptional trade after initially highlighting the double bottom at the 22 level.
Transaction en cours
snapshot despite disappointment with China stimulus, still targeting 40 for the next year

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