Looking Overseas: Switzerland & Vietnam

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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