ETF Insider: Buy On The Dip Prospects August 5th 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 $100k 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. Pro Membership Required [...] Click here to read the original article on ETFdb.com. Related Posts: MLP ETFs Have Post-Election Hangover Guide To MLP ETFs (And ETNs) Finding The Right Oil ETF For A Crude Rally ETF Insider: New Highs & Lows July 13th Edition MLP ETPs: 3 Things To Consider