Verified InvestingPublished 2026-09-11
“CPI Inflation Data Inks Fed Rate Hike, Oil Drops, Yields Stall, Markets Bounce. Here's The Top Trade”
$KWEBBullish
KWEB is a buy for a swing trade due to retrace to technical support at 2450.
Now one chart and I'm getting more and more bullish on this chart on a swing trade basis. We just talked about the retrace to the scene of the crime, right? Well, did you guys look at Kweb, which is the internet um internet China ETF?
Take a look. Here it is. This is an exact example of what I said that could happen to Dolby, but it's already happened to Kb here. And again, I am an intrigued buyer of Kweb. Resistance, resistance, all of these resistance points.
Price breaks out, retraces, and look at where it went yesterday, right into this level. getting a small bounce today, but again, good technical support here at 2450. So, I like this one as a swing trade as well. We'll see where it goes.