iShares STOXX Europe 600 Technology: three targets hit, managing the final stretch

iShares STOXX Europe 600 Technology ETF is at week 10 of a buy setup on Deutsche Börse, +12.95% since entry. All 3 statistical targets of our most advanced model were already hit between weeks 4 and 6 — well ahead of schedule — and we have now reached the final management window. The confirmation week closed bullish, but technical signals point to weakness: the model recommends a cautious trim to lock in profit on part of the position.