Our short term rating on Mainland China represented by ETF ASHR was previously raised to Buy. That call has proven spot on.
Year-to-date, ASHR has gained 31.14%. This compares to the U. S. benchmark S&P 500 gain of 12.67%.
What To Do Now
Those in ASHR have two choices based on personal preference.
- Take partial profits.
- Take profits on the entire position
For tracking purposes, partial profits will be taken in the zone of $28 to $30.73. ASHR is trading at $28.77 as of this writing.
Those not in ASHR may wait for a pullback or a signal on the Real Time Feed.