‘Chile’ Archive

Chile ETF (ECH) Raise stop

Suggested to buy Chile in this post (See post here)  Raise stop to $76 CLICK ON CHART TO ENLARGE Price action on the breakout looks positive from the trading range.

Chile is hot…Again

Suggested that “Chile looked Hot” in the chart below and to buy it, due to a  breakout of resistance at (3).  (see post here). CLICK ON CHART TO ENLARGE After a good upside move I suggested to “harvest” the gains in Chile, due to the pattern that the ETF had created. Picked up some decent  [...]

Hot Emerging….Going Cold?

Last Friday I suggested to watch the “Hot Emerging ETF’s” for a sign of “global PRICE weakness!”  (see post here). CLICK ON CHART TO ENLARGE Each of the ETF’s have been very hot performers over the past 4-5 months.  Now each of them are breaking key support.  Harvested positions early last week in this arena  (see [...]

Does searching for “Relative Strength” pay off?

One month ago today, I suggested to “Harvest Gains” in Chile (see post here) after a quick 10% gain, YET ON THE SAME DAY I SUGGESTED TO ”Buy Emerging Markets (EEM) and Brazil (EWZ)…(see post here).  Did anyone think……What the heck? Why would he suggest to do that?  Was Chile broke?  If Emerging markets and Brazil look good, won’t [...]

Be Prepared… More “Breakouts” close at hand!

Does it pay to be prepared? It does when it comes to Pattern Breakouts!   Below are Breakouts I have taken advantage of recently, two positions have been closed for “Pocket Change Gains”   Chile – 10% gain (see post here) and Silver – 21% gain (see post here), the other two positions remain open, EEM & EWZ. Several [...]