KWEB trade ideas
go long KWEBtrading below its VWAP from the previous high, Emerging Markets expected to outperform this year, KWEB is a good way to focus exposure in China while getting a diverse basket of high growth names that are titans over there with names like Alibaba, Tencent, Pinduoduo, Baidu, and JD.com.
Diversification is key especially as US markets top out in the near term
KwebChina internet stocks etf. Going down for some time and now start to go up. Can try to take it if maybe go down some.
$KWEBKey Inflection point ..from the highs ..not shown, clear A=C so possibility 4th wave complete and we are way up in wave 5 ..other possibility is we are in wave 4 of much bigger diagonal
Similar Patterns in a nutshellAs shown in the 4 charts. Almost all Chinese-related stocks/indexes/funds are tracing what SSE is doing at this moment. However, in this area, I am not too sure if SSE would fall or breakout from the resistance levels. So my suggestion is to keep an eye on the Shanghai Stock Exchange, and that would be a great indicator for traders who are interested on trading US-listed Chinese stocks.
Besides that, I think Baidu, the Chinese Google, is really undervalued at this moment. I am looking to long the ticker, but be careful with SSE.
