Peru: 75% upside in Peru in the long term
Updated
Looks like a very low risk buy opportunity, as part of an investment in emerging markets.
The Peru ETF, EPU has a nice technical chart, and would be a fine addition to an emerging markets portfolio. It's also a dollar short, due to the heavy weight of commodities in Peru's GDP.
Good luck,
Ivan Labrie.
The Peru ETF, EPU has a nice technical chart, and would be a fine addition to an emerging markets portfolio. It's also a dollar short, due to the heavy weight of commodities in Peru's GDP.
Good luck,
Ivan Labrie.
Comment
I'm in 
EEM and also have a long term position in a Latin American equities mutual fund, composed of Mexico, Peru, Brazil, Chile and Argentina stocks.Mexico is in a strong uptrend, potentially a long term bullish reversal:
Brazil in a steady uptrend with no signs of slowing down:
Argentina in great shape, starting to improve after being beaten down for ages:
Chile:
Russia, huge double bottom, long term trend reversal to the upside, now shooting up after a pullback into support:
China, the ETF is taking off from a massive base, it can easily double from here:
Comment
Good progress in all stocks mentioned here.In the long run, these are in good shape for a rally. Oversold dips are a good opportunity.
Comment
This should be ready to move now.Comment
Great move so far...I'd let this run, if you have no position in Argentina, maybe it's a good time to swap some allocation to it. EM has been great accross the board really.
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