$KWEB - Can it complete the inverse head and shoulders pattern?

KWEB There is a good chance that the inverse head and shoulders pattern might complete, and the stock could run to the $47 area.

Earnings from BABA, JD, and PDD were way better than expected.

With the media and analysts pounding on the Chinese economy daily, sentiment on the Chinese economy is at its lowest point ever. A little bit of positive news could drive Chinese tech stocks higher.

Upside targets:
$35
$40
$47

Downside risk:
$24