TomRom

$IHI drifting sideways or slightly up week aug 8

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AMEX:IHI   iShares U.S. Medical Devices ETF
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The MACD is slowly turning bullish and the RSI is almost flat or slightly increasing but in a higher level. So there is still demand, but with that mildly bullish MACD, I see it continuing a slightly higher or sideways push till that MACD turns more strongly bullish. That would be a better buy point.

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