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Thursday, 17 May 2018

iShares MSCI Saudi Arabia Capped ETF (AMEX: KSA): 17 May 2018, Thursday, 12.05pm Singapore Time

iShares MSCI Saudi Arabia Capped ETF (AMEX: KSA): 
17 May 2018, Thursday, 12.05pm Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the Technicals for iShares MSCI Saudi Arabia Capped ETF (AMEX: KSA). The S&P Dow Jones is considering to lift Saudi Arabia to Emerging Market status soon. This is a surest buy before the consideration is established as facts. The target projection is measured by X, representing a significant upside. This is a mid-term uptrend asset class that will continue into a long term uptrend. It is a low risk, high reward and high probability trade. This represents some of the most golden opportunities, in tune with the positive sentiment created by the future IPO listing of Saudi Aramco. 

The Donovan Norfolk Technical Rating:
Highly Bullish

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