The chart of iShares China Large-Cap ETF (FXI) shows a strong ascending trendline, tested multiple times (yellow circles), confirming bullish support.
Currently, FXI is consolidating just below resistance at $39, and a breakout above this level could trigger a strong upward move. The projected target is around $43–44, which aligns with a 12–13% upside potential.
Entry Zone: Above $39 breakout
Target Price: $43–44
Stop Loss: Below $37 (trendline support)
Momentum is supported by higher lows, consistent trendline touches, and a constructive RSI setup. If the breakout holds, bulls may push FXI toward prior highs.
Currently, FXI is consolidating just below resistance at $39, and a breakout above this level could trigger a strong upward move. The projected target is around $43–44, which aligns with a 12–13% upside potential.
Entry Zone: Above $39 breakout
Target Price: $43–44
Stop Loss: Below $37 (trendline support)
Momentum is supported by higher lows, consistent trendline touches, and a constructive RSI setup. If the breakout holds, bulls may push FXI toward prior highs.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.