The South Korean multinational automotive manufacturer, Hyundai Motors was ranked world's third-largest carmaker in 2022 in terms of production. Hyundai motor group(which includes Genesis and Kia brands) has grown massively during the last decade surpassing giants like General motors, Nissan, Ford and Stellantis (in terms of annual sales volumes). At this point...
Thesis: South Korea is being considered as an AI startup hub as well as a chip source for AI. it has a bullish trend. i am waiting for price to reach the lower end of the lower dynamic volatility range to start incrementally building a position in 0.25-0.5 basis points
Aergo is something you want to accumalate with strong FA. From 2021 til now it has been in a range with large impulses throughout the period, Despite the bearish period it has managed to retain its value in comparion to many other cryptos in the bear market. The FA is strong with this on though, if like the future of South Korea then they are in line with the...
The ETF on ASX is $IKO South Korea, iShare MSCI South Korea. This ETF tracks $EWY in the US Market. I like this wedge chart pattern here, we are still trading sideways since the start of the year. A breakout is coming, currently, the price is still above all three moving averages, (21,50,200). Therefore, it is more likely to break out into the upside. Buy...
Recent trends in select Emerging Markets (and some smaller markets) viewed by their ETFs, for the countries: Brazil EWZ , Mexico EWW , New Zealand ENZL , South Korea EWY , China MCHI , India INDA - also vs. the emerging markets ETF IEMG , and the NASDAQ IXIC index.
Kep price target $17. Should benefit from South Korea's 30 billion wind energy push. Breaking out of 5 yr downtrend!
Icx is pushing the 2$ rang. With last weeks candle this is starting to look big time bullish
Another strong gaming name from the APAC region in South Korea. May be breaking out of consolidation here for the next leg up. Note, looks like low volume.
Downtrend for ICX broken and pitchfork bullish retested.
I could add many charts right now detailing similar themes, but this one to me is extremely telling.. South Korea is sitting on the cusp of two 30+ year long trendlines it has not broken in quite some time. These are extremely important. I wouldn't be fully surprised if we retest or don't break right away, but given the moves in global markets, it could just...
The basic news background is still unchanged: the number of new cases in China is decreasing (+/-500 per day), that is, the epidemic is decreasing. But this is offset by an increase in the number of cases outside of China. And an epidemic from local is increasingly striving to become global. Lockdown in Northern Italy, panic in Iran, growth in the number of cases...
The coronavirus epidemic continued to be the main focus of financial markets last week. And if the week began with a rather optimistic attitude of investors against the background of a decrease in the number of new cases of disease and deaths, then it ended on a very minor note: the epidemic spread to South Korea and Japan. In addition, analysts after the warning...
As the increase of Covid-19 cases in South Korea keeps increasing (Currently 433 cases), I expect the Korean Won to drop heavily during the following days and weeks. The new cases have increased the fears about greater transmission outside China. I expect the USDKRW to go higher, especially since the possibility of closing businesses due to the virus. I am...
Before investors could relax and believe that the worst was over, a new portion of reasons for concern arrived. It is about spreading the epidemic outside of China. Recall that almost 99% of everything related to COVID-19 took place in China. And investors at some point decided that everything that happens in China remains in China. Yesterday forced some to...
South Korea Stock looks undervalued at this moment
Picture perfect technical setup here for a short play to the downside for USDKRW. - We hold a guarded optimistic view on economic recovery across the South Korean economy following revisions in growth expectations. We see slowing growth bottoming out with sensitivity now positioned to the upside and a gradual rebound across the semiconductor sector as a hedge...
Hello Traders. Stochastic RSI is sky high. Would like to bring to your alert that Tesla is a "Castle in the Sky". I have done the fundamental analysis on Google and bring to you a message. Facebook and Google are both funneling money into Tesla. Tesla is the last castle in the sky for the "New World Order". Apparently, Elon knew the whole time. This was an...