In the blueprint beneath we see the continuing uptrend and new highs on Tuesday:
If you anticipate robots and automation is a big approaching trend, you may appetite to apprehend the announcement and abstraction this fund.
Right now, shares are uptrending with the broader banal bazaar and aloof gapped aloft the $34.50 per allotment level.
We’re seeing aggregate and drive accompany (confirm) the amount movement as the affective averages highlight a acerb ascent trend.
Like any new or arising technology, there can be bumps forth the alley higher.
It’s apparently brash to delay for a pullback, as would be the action for entering any uptrending stock.
Nevertheless, if you’re attractive for commodity absorbing and new, booty a attending at this armamentarium and chase along.
The ROBO Global Robotics and Automation Basis ETF (NASDAQ:ROBO) was banausic in premarket trading Wednesday. Year-to-date, ROBO has acquired 21.05%, against a 7.39% acceleration in the criterion S&P 500 basis during the aforementioned period.
ROBO currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #18 of 54 ETFs in the Technology Equities ETFs category.
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