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InvestingScope

KOSPI: Long term Buy opportunity.

Long
Indice de prix Actions coréennes composites (TVC:KOSPI)  
InvestingScope  
TVC:KOSPI   Indice de prix Actions coréennes composites
Trend Analysis Chart Patterns Technical Indicators kospi seoul koreanstocks koreanindex Indices asianmarkets
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trendanalysis chartpattern indicator kospi seoul koreanstocks koreanindex indices asianmarkets
The Seoul index is approaching the multi year Higher Low Support Zone on 1M, which has just turned bearish (RSI = 41.949, MACD = -21.310, Highs/Lows = -101.3235). This creates the optimal conditions for a long term quarterly buy opportunity. Based on previous similar candle patterns, the rebound is expected to go as high as +17.45%. Our target for the next three quarters is 2,400.





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