KOSPI: Long term Buy opportunity.

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índice de Preços de Ações da Coreia Composto (TVC:KOSPI)

TVC:KOSPI índice de Preços de Ações da Coreia Composto

trendanalysis chartpattern indicator kospi seoul koreanstocks koreanindex indices asianmarkets

The Seoul index is approaching the multi year Higher Low Support Zone on 1M, which has just turned bearish (RSI = 41.949, MACD = -21.310, Highs/Lows = -101.3235). This creates the optimal conditions for a long term quarterly buy opportunity. Based on previous similar candle patterns, the rebound is expected to go as high as +17.45%. Our target for the next three quarters is 2,400.

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