Buy On The Dip Prospects: August 18th Edition

Here is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that it is trading above its 200-day and 50-day moving averages, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term “buy on the dip” opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETF Insider recommendations, sign up for a free 14-day trial of ETFdb Pro. […] Click here to read the original article on ETFdb.com. Related Posts: 25 Ways to Invest in Gold with ETFs in 2014 Sell On The Pop Prospects January 21st Edition 3 Simple Momentum ETF Trading Strategies Head-To-Head: Gold vs. Miners Favorite ETF Positions For 5 Super Investors