IvanLabrie

$INDY: Update - Buy signal in monthly scale here...

做多
IvanLabrie 已更新   
NASDAQ:INDY   iShares India 50 ETF
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If you are not exposed to India, now is a good time to join.

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Train is leaving the station here, monthly suggests immediate upside in the order of 8-10% in the coming quarter, which will likely trigger a breakout away from the long term consolidation here, to trace my expected path long term...

This can be the beginning of a huge long term advance, quarterly chart is very close to triggering a trend signal, so the reward to risk in this idea could be astronomical.

Best of luck!

Cheers,

Ivan Labrie.
评论:

Closer to target #1...

Trend is acting as expected, very good.
评论:

Target hit in monthly, but quarterly signal triggered, my general long term fundamental idea implies a repeat of the Chinese market trend after globalization started in 89 (which is a bit of an ambitious target for India) but worth considering as a long term hold.

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