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iShares MSCI Taiwan Breaks Above 200-Day Moving Average - Bullish for EWT
By: BNK Invest
In trading on Wednesday, shares of the iShares MSCI Taiwan ETF (Symbol: EWT) crossed above their 200 day moving average of $13.88, changing hands as high as $13.96 per share. iShares MSCI Taiwan shares are currently trading up about 1% on the day. The chart below shows the one year performance of EWT shares, versus its 200 day moving average:
Looking at the chart above, EWT's low point in its 52 week range is $12.48 per share, with $14.77 as the 52 week high point - that compares with a last trade of $13.93.