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Shares of iShares MSCI Mexico Investable Market Index Fund (AMEX: EWW) are trading up 1.4% to $62.29 today on above average volume. Approximately 2.4 million shares have traded hands today vs. average 30-day volume of 2.3 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of EWW to see if this bullish momentum will continue.
iShares MSCI Mexico Investable Market Index Fund is an exchange-traded fund incorporated in the USA. The Fund's objective seeks to provide investment results that correspond to the performance of the Mexican market, as measured by the MSCI Mexico Investable Market Index.
In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.15%.
In the past 52 weeks, shares of iShares MSCI Mexico Investable Market Index Fund have traded between a low of $47.29 and a high of $64.65 and are now at $62.53, which is 32% above that low price.
Write to Chip Brian at cbrian@mysmartrend.com
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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