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ETF Watch – Algo Buy Signal on MVB

Our Algo Engine has triggered a buy signal on the Veneck Vectors Australian Bank ETF. ASX code: MVB

MVB made a low on Friday at $27.56 and we may see buying interest pickup in the early part of next week.

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Investors who take this trade should work a stop loss order below $27.50.

Chart – MVB

 

 

 

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