Currently: Cash Looking to: Buy @ $52.20
As of 2/19/21 close: $53.61
LAST WEEK: We suggested buying dips in FXI to $48.23 with stops honored on a close below $48 and with a target of $53.
UPDATE: The iShares China ETF (FXI) finished flat for the week after oscillating both above and below the flat line. We still feel there may be a bit more of a pullback before another push to the upside commences. We would look to buy dips in FXI or related securities on a dip in FXI to $52.20 with stops below $52 and with an upside target for taking profits at $57.