AI
| Followers | 14 |
| Posts | 119 |
| Boards Moderated | 1 |
| Alias Born | 01/14/2015 |
Tuesday, April 28, 2015 12:03:09 PM
EWY Classic Turnaround Chart Pattern Beating S&P 500 by +600% YTD. The South Korea ETF (EWY) is hot right now!
As the Federal Reserve prepares to transition into a rising environment, investors are looking for better growth opportunities outside the U.S. South Korea GDP per capita is forecast to rise above France's GDP per capita by 2020.
The chart has done a classic Rectangle Bottom breakout in March. The reversal was confirmed by a break above the 200 day moving average in April. The 50 day moving average is quickly approaching the 200 day moving average from below and a Resurrection Cross is coming.
Source: South Korea GDP Beats and How To Play
As the Federal Reserve prepares to transition into a rising environment, investors are looking for better growth opportunities outside the U.S. South Korea GDP per capita is forecast to rise above France's GDP per capita by 2020.
The chart has done a classic Rectangle Bottom breakout in March. The reversal was confirmed by a break above the 200 day moving average in April. The 50 day moving average is quickly approaching the 200 day moving average from below and a Resurrection Cross is coming.
Source: South Korea GDP Beats and How To Play
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
