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Upside Target Met In the iShares New Zealand ETF (ENZL)

Posted on: Monday, July 3rd, 2017

The iShares MSCI New Zealand Investable Market Fund (ENZL) traded as high as $47.00 per share this morning, meeting our upside target first mentioned in our May 26th Asbury Alert entitled Emerging Major Trend Change In New Zealand Index (ENZL), to capture a 7% gain in about 5 weeks.

During the same period ENZL also outperformed the S&P 500 by 4.1%.

Here is the chart from our May 26th report.

ENZL daily: October 1st 2016 through May 25th

Here is the updated version of that chart as of this morning.

ENZL daily: October 1st 2016 to July 3rd

 

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