gap fillwe called this out and a week later we get the fill.
Could be a probable bottom. For fun, I'm going to go long here in Tradingview.
Key stats
About KraneShares Electric Vehicles and Future Mobility Index ETF
Expense ratio
0.72%
Home page
Inception date
Jan 18, 2018
KARS holds globally-listed stocks of companies that derive significant revenues from electric vehicles, energy storage technologies, autonomous navigation technology, lithium and copper mining, and hydrogen fuel cells. An index committee determines portfolio inclusion by scraping filings of proposed companies for thematic key terms and then back-testing the resulting basket. This gives a concentrated portfolio of about 32 companies that are market-cap-weighted, with weights of the top 8 securities capped at 5% and other securities at 2.5%. However, if the holdings are less than 32, equal-weighting may be applied. KARS uses representative sampling to track its index, which is reconstituted and rebalanced quarterly. Prior to June 16, 2021, the fund tracked the Solactive Electric Vehicles and Future Mobility Index.
Classification
What's in the fund
Exposure type
Consumer Durables
Producer Manufacturing
Non-Energy Minerals
Process Industries
Stock breakdown by region
EVs recovering with Inv H&S; watch BO>wma 50@41Volume has been steadily decreasing since KARS fell from 52.31 ATH. It is preparing to cross above my
Green zone which is at the intersection of weekly wma50 & 100 & also the Ichi cloud resistance.
Once KARS holds 41, then 50 will be the next target. So watch out for volume to increase on BO.
Not tr
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