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iShares MSCI Hong Kong Index Fund: The Winning Streak Continues (EWH)

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(via COMTEX News Network)--

Shares of iShares MSCI Hong Kong Index Fund (NYSE: EWH) traded at a new 52-week high today of $18.05. Approximately 1.6 million shares have traded hands today vs. average 30-day volume of 5.3 million shares.

iShares MSCI Hong Kong Index Fund is currently trading at $18.02, approximately 10% above its 50-day moving average of $16.38. SmarTrend will be monitoring shares of EWH to see if this bullish momentum will continue.

SmarTrend is bullish on shares of iShares MSCI Hong Kong Index Fund and our subscribers were alerted to Buy on June 21, 2010 at $15.70. The stock has risen 14.8% since the alert was issued.

Write to Chip Brian at cbrian@tradethetrend.com

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