China Internet ETF - Bull flag
Technical analysis
Top 10 Portfolio holdings
Top 10 holdings % total = 65.36%
Market cap weighings = 65% giant cap / 25% large cap / 10% medium cap
- We tested resistance approximately at the $50 limit; and broke it on Thursday, January 2nd.
- Now this resistance has become out short-term support.
- A bull flag is forming today, as a continuation of the bull pattern.
Top 10 Portfolio holdings
- Name - Symbol - % of ETF assets
- Meituan Dianping - 03690 - 10.43%
- Alibaba - BABA - 10.19%
- Tencent Holdings - 00700 - 8.83%
- Baidu - BIDU - 7.46%
- JD.com - JD - 6.58%
- Pinduoduo - PDD - 6.56%
- Tal Education Group - TAL - 4.27%
- NetEase Inc - NTES - 4.21%
- Trip.com - TCOM - 3.45%
- 58.com - WUBA - 3.36%
Top 10 holdings % total = 65.36%
Market cap weighings = 65% giant cap / 25% large cap / 10% medium cap
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.