Today at the market’s close I initiated two small positions in foreign markets-
- EWL- a Switzerland ETF
- VNM- a Vietnam ETF
EWL is struggling to break above its 50/200dma and VNM has been consolidating near its 50/100dma. I believe that both of these positions have the potential to breakout with limited downside.
NOTE: Both positions were taken for a minority of my clients, which met both risk tolerance and appropriate capital. VNM was only partially filled.
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