EWH - Possible Chinese Accumulation (Swing Position)manually stop with WEEKLY close under the line
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
Key stats
About iShares MSCI Hong Kong Index Fund
Home page
Inception date
Mar 12, 1996
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EWH is one of the oldest single-country funds around, providing neutral exposure to Hong Kong since 1996. EWH's less inclusive index only covers 85% of the market (excluding small-caps), which also contributes to some mild sector tilts. However, the underlying index uses caps, which limits the weight of any component to 25% exposure. In addition, the sum of the group entities that individually constitute more than 5% of the index is capped at 50% in the aggregate. As such, the fund provides great exposure to the space. Prior to Sept. 1, 2020, the fund tracked an uncapped version of the same index.
Classification
What's in the fund
Exposure type
Finance
Utilities
Stock breakdown by region
Top 10 holdings
BUY EWHsimilar to FXI idea. expecting a spill over effect after OPEX June expiry as well as China stimulus
Trend of MSCI Hong Kong Index ETFUnlike the more widely referenced HSI Hang Seng Index of Hong Kong which is dominated by Chinese stocks listing on Hong Kong market, MSCI Hong Kong Index only have ~6% stocks controlled by Mainland Chinese entities and another ~6% stocks that are significantly and directly exposed to behavior of C
iShares MSCI Hong Kong ETF (EWH) - long from 24.44 to 25.64Long position to the next horizontal level (25.64). Quotes are held in an upward trend above moving averages, MACD also indicates that the trend is continuing.
This is the idea for the Dmitry Solodin competition.
EWH Hongkong index very bullish; see next 2 price actionsPls see the next 2 price actions in this monthly chart with a very long hammer candle.
Not trading advice
Short EWH Hong Kong (S1/S3)Short shares with 2.4N SL
- HSI breakout of bear flag after new low:
- Rising wedge reversal breakout
Hong Kong market long-term channelThere is a massive long-term channel in the EWH Ishares HK ETF. Buy for long-term hold with confidence.
High Probability Trade Idea --- Breaking Multi-Year Highs ---Great trade opportunity spotted by PKA on tradingview
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RSI and MACD are both breaking 3 year highs on price action breakout.
From backtesting we know this often produces very explosive moves.
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Suggested stop loss in $23-24 area
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.