Our ALGO engine triggered a sell signal for the Betashare Japan ETF (symbol HJPN) into Friday’s ASX close at $13.69.
This “lower high” pattern is referenced to the intra-day high of $13.88 posted on June 12th.
This ETF is a unit trust made up of 10 of Japan’s largest companies including Honda, Sumitomo financial and Canon Inc.
Investors who held HJPN for the duration of the trade would have realized an 18.65% return including dividends.
Japan ETF (HJPN)