Chinese Clean Energy - Breakout?I'm speculating heavily. There's a trade war right now that's holding back this chart. When the trade war ends, the stock might pop.
This one is a guess, but I'm betting real money on it =)
KGRN trade ideas
KGRN - The Hidden Gem ETF 💎KGRN is an environmental ETF based in China. China is only at 31% capacity for renewable energy with huge room for improvement.
This ETF holds some of the top Chinese electric car companies. As we all know the Chinese market is the largest in the world and as their economy grows so will their push towards becoming more environmentally friendly. This ETF captures the growing market in a rapidly developing sector.
This ETF is a long-term hold and buying when the price drops.
This ETF could be like buying Tesla at $50KGRN will add exposure to China's rapidly growing environmental movement over the years to come.
wait for retest of week(grey line)The price rejected of the day resistance blue line. Wait for retest of week support line (grey) good risk trade
