toptradeguru

$KWEB - possible buying opportunity around $29

Long
toptradeguru Updated   
AMEX:KWEB   KraneShares Trust KraneShares CSI China Internet ETF
KWEB seems to be holding decent support based on historic volume/supply levels of $29.20 (gray shaded box with gray arrow). Not only is KWEB holding support, but volume flow turned net positive around 1:30 pm EST on 6/13. We should see a fairly quick return to $32 next week or two. Stop loss if prices fall below $29 for more than two hours as major support would be breached. 1:3 risk reward.
Comment:
Take Profit: 32!

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