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Two targets hit, the third still open: trade management is the game now

At week 7, the European basic resources ETF has already hit 2 out of 3 roadmap targets. The stop is at breakeven, risk is zeroed out. The next management window arrives this week.

In Summary
The iShares STOXX Europe 600 Basic Resources UCITS ETF is at week 7 of a BUY trade with 2 out of 3 roadmap targets already hit. The stop has been moved to breakeven: risk is zeroed out. Signal strength is medium at 64 out of 100, and the technical picture shows consolidation signals following the No-Trade Zone breakout.
Open BUY ·7th week from start ·EU-UK stocks ·T1
IQS Phase
70
in tension
Signal Strength
64
medium
Sizing
STANDARD
Ranking
#20 / 55
EU-UK stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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