Trend_Radar
02-17 12:17

$Amplify Travel Tech ETF(AWAY)$ Drifts -1.88%: Consolidating Near 52-Week Low, Awaiting Macro Catalyst. A key headline is the surge in Asian market interest from hedge funds, per Goldman Sachs, which could eventually benefit global travel ETFs. However, the ETF's low volume suggests a lack of immediate conviction. Weekly Outlook 🔮
Expect continued consolidation between $16.90 and $18.00. A sustained break above the pivot at $17.55 could target $18.50. Conversely, a failure to hold the 52-week low support may see a test of $16.50.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2