Hey everyone,
Considering investing in emerging markets? It can be a smart move, but timing is key!
Now might be an opportune moment to look at the iShares MSCI Chile ETF (ECH). The ETF has recently broken out from a 4-year wedge pattern, signaling potential bullish momentum. It is also trading above its weekly momentum indicators, which suggests the price could continue to rise in a bullish trend.
Currently, the ETF offers a dividend yield of approximately 3% (based on Tradingview data) and is priced at $30 USD.
Here are some potential price targets to watch:
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