VANGUARD FTSE EMERGING MKTS ALL CAP IDX Could Burn Your Portfolio. Has Another Gap Down

 VANGUARD FTSE EMERGING MKTS ALL CAP IDX Could Burn Your Portfolio. Has Another Gap Down

The stock of VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) gapped down by $0.18 today and has $26.08 target or 9.00% below today’s $28.66 share price. The 9 months technical chart setup indicates high risk for the $366.92M company. The gap down was reported on Dec, 1 by Barchart.com. If the $26.08 price target is reached, the company will be worth $33.02M less.
Gaps down are helpful for identifying a resistance level and to could also be used as a tradeable event. If traders are short the stock and it experiece gap down, then its usually advisable to hold the short for a bigger down move. Back-tests of such patterns show that two-thirds of the these patterns the stock performance worsens after the gap. The area gaps close 91% of the time, the breakaway gaps 1%, the continuation gaps 9% and the exhaustion gaps 64%. About 21,647 shares traded hands or 1.26% up from the average. VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) has risen 9.02% since April 27, 2016 and is uptrending. It has outperformed by 3.09% the S&P500.

Another recent and important VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) news was published by Prnewswire.com which published an article titled: “Vanguard Emerging Markets Stock Index Fund Transitions to New FTSE Index” on November 01, 2015.

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