facebookWhat are your thoughts on iShares Global Healthcare ETF (NYSE: IXJ)? - Seedly

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Anonymous

13 Jul 2020

General Investing

What are your thoughts on iShares Global Healthcare ETF (NYSE: IXJ)?

Discussion (2)

What are your thoughts?

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Global manufacturing and services PMIs are gradually picking up momentum and rebounding from the prior drastic plunge. Investors may be rotating back into cyclical soon.

However, no harm adding a defensive counter into your portfolio. The consistent long-term trend looks healthy. There is a clear resistance at around the $70 level. Depending on your investing style (lump sum or RSP), may want to wait for it to be surpassed to confirm upside momentum.

A number of useful charts and checklist of iShares Global Healthcare ETF can be found via https://dl.orangedox.com/fund-analysis-pdfs to help you make a more well-informed decision.

File Name: ISHARES GLOBAL HEALTHCARE ET (IXJ US Equity)_updated_130720

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