I opened $KraneShares CSI China Internet ETF(KWEB)$  ,I opened $KraneShares CSI China Internet ETF(KWEB)$  ,When ever kweb falls to 26 is a good buy


### What I Did

Recently, I decided to dip my toes into the KraneShares CSI China Internet ETF (KWEB). Observing the recent market volatility and price fluctuations, I took advantage of a pullback and made a strategic buy when KWEB was hovering around $26. This move was based on my analysis of the market trends and my belief in the long-term potential of Chinese internet companies.

### Why I Did That

My decision to invest in KWEB is driven by several key factors. First, I recognize the growth potential in China's internet sector. With a rapidly expanding digital economy and increasing internet penetration, Chinese tech companies are poised for significant growth. KWEB provides diversified exposure to this sector, making it an attractive investment. Second, the ETF's historical performance indicates that $26 is a strong support level. Whenever KWEB falls to near this price, it has typically rebounded, offering a good entry point for investors. Lastly, I believe in the long-term potential of the Chinese market despite short-term volatility, and KWEB allows me to capture this growth.

### How I Did It

Executing my strategy involved careful monitoring of the market and setting up a buy order when KWEB approached the $26 mark. I used a limit order to ensure that I could purchase the ETF at my desired price. This approach allowed me to manage my risk effectively and take advantage of the market dip. Additionally, I stay informed about market trends and news related to Chinese internet companies to make informed decisions. By using a disciplined approach and sticking to my investment plan, I aim to maximize my returns and build a strong portfolio with KWEB as a key component.

KWEB
07-25 23:07
USKraneShares CSI China Internet ETF
SidePriceRealized P&L
Buy
Open
26.38-4.66%
Holding
KraneShares CSI China Internet ETF
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Modify on 2024-07-26 15:31

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.

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