China ETF GXC - Bounce off support?
It has been a really long time since GXC was updated. Previously, an imminent breakout was expected, but it failed, in an epic fashion, to find itself the bottom support of the triangle.
Has it bottomed out and ready for a bounce?
Early game, but just want to put in the observation that it might bounce for the next attempt to breakout of the triangle. The weeks ahead will be clear that up...
Conversely, a break down of the triangle would be bearish!
Watch this space... IMHO, worth to watch China equities.
Has it bottomed out and ready for a bounce?
Early game, but just want to put in the observation that it might bounce for the next attempt to breakout of the triangle. The weeks ahead will be clear that up...
Conversely, a break down of the triangle would be bearish!
Watch this space... IMHO, worth to watch China equities.
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