$EPHE perfect ABCs

6 Nis 2019

The Philippines Stock Market ETF seems to move in perfect triple waves in a flat top and bottom range. It has just finished the B wave, so I have bought at market, 34.70, with a target of 40.00, the previous high, the same distance as A (7.40) and a round number as well. Stop at 33 to make the RR work, although cautious people would lower size or even entry and stop at 32.

It's an EM market, and the ETF is effectively currency hedged.

8 May 2019

Not

Consolidating a bit, but we're still in the trade.

13 Ağu 2019

Not

Not stopped yet. Could have taken some off +7%

8 Oca 2020

İşlem kapandı: durdurma seviyesi

Now stopped, market weaker than I thought in 2019