Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Not So Far East: Investing Opportunities in Southeast Asia ETFs

By

The sub-region is on track for sustained growth, so what are the best levels for entry?

PrintPRINT

The Malaysia Index Fund (NYSEARCA:EWM) appears to have formed a double top region around the $15 price level. While there is a decent amount of volume that has built up between $13.81-$14.91, the $12.71-$11.02 area appears to be a less risky entry point.


Click to enlarge

Thailand Index Fund (NYSEARCA:THD) and the Philippines Index Fund (NYSEARCA:EPHE) are both relatively new issues (something to take into consideration). One can see that both charts are at or near all-time highs, which usually doesn't offer the best risk reward. As the old adage goes, nothing goes up (or down) in a straight line. Thus, it's probably prudent to wait for pullbacks before entering new positions.

Thailand Index Fund



Click to enlarge

Philippines Index Fund


Click to enlarge
Author has positions in EWH, EPHE, EWS, EWT, EWM, THD, and IF.
PrintPRINT

Busy? Subscribe to our free newsletter!

Submit
 

WHAT'S POPULAR IN THE VILLE