Investor Charts

Share this post

KWEB Technically Is Good

investorcharts.net

KWEB Technically Is Good

PetrTrades
Apr 13, 2022
Share this post

KWEB Technically Is Good

investorcharts.net

Seeing KWEB (China internet stocks ETF) sitting right at the anchored VWAP off the March lows after breaking out and confirming a downside reversion. This was based on how the rate of change off that low. Risk reward is now to the upside against these levels. I'm targeting the 41.5 area from here which is an easy 25% + with only a few % of risk.

Even a 32% retracement would get us to the 50 area.

Share this post

KWEB Technically Is Good

investorcharts.net
TopNew

No posts

Ready for more?

© 2023 PetrTrades
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing