$iShares MSCI South Korea ETF(

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$iShares MSCI South Korea ETF(EWY)$ is currently trading around $171.14, working through a rebound off its recent July pullback low near $151.30. Intraday price action saw a range between $166.09 and $172.62, positioning the ETF within the upper half of its 52-week range of $70.93 to $220.89. Following an extraordinary multi-month rally driven by global semiconductor momentum, chasing the current bounce into overhead supply carries elevated execution risk. Patient traders should wait for low-volatility consolidation or a retest of underlying support before opening new exposure.
Can we see more bullish on $Palantir Technologies Inc.(PLTR)$ and $Advanced Micro Devices(AMD)$

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Piper Grace
·08-05
I've read some of Owen's analysis before. I don't always agree with every conclusion he draws on short-term technicals, but I like how he explains his reasoning around risk management. His breakdown on why retail traders misinterpret overhead supply actually helped me stop panic-selling during pullbacks like the one we saw in July.
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Jordan Mills
·08-05
Patience is literally the hardest part of trading.
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CHINNY168
·08:38
Great article, would you like to share it?
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