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Trade #4: PowerShares DWA Emerging Markets Technical Leaders Portfolio (PIE)

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Trade #4 - PowerShares DWA Emerging Markets Technical Leaders Portfolio (PIE)The PowerShares DWA Emerging Markets Technical Leaders Portfolio (PIE) seeks investment results that correspond generally to the price and yield performance of the Dorsey Wright Emerging Markets Technical Leaders Index.

This ETF is for those investors who seek a broad representation in the foreign emerging markets that give some protection against a falling U.S. dollar.

Pwrsh DWA Emerg Mkts stock chart

It is now selling very close to its intermediate support line, which is a good spot to buy PIE with a target of $22.

Next: Trade #5: Rambus

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Symbol Lookup
IndexesChangePrice
DJIA-14.2810,318.16
NASDAQ-10.782,146.04
S&P 500-3.521,091.38

Last updated: November 20, 2009: 05:41 PM

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