Its most definitely not for the faint-hearted but this software based ETF has reached our technical target identified a few weeks ago, we wouldn’t be surprised to at least see a ~15% bounce following the overnight panic selling.
- We can see the IGV bouncing/stabilising in similar fashion to its run into Christmas.
MM is cautiously bullish towards the IGV ETF around $US76
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iShares Expanded Tech-Software Sector ETF (IGV US)
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iShares Expanded Tech-Software Sector ETF (IGV US)
