The iShares EM fund is breaking out, when factoring in dividends (which this chart does). The implied, divy-adjusted target is 48.
When backing out the divy, the chart is still constructive but not in breakout mode. The dividends are part of the value proposition and I give that more weight. EEM appears bullish for a trade at least. Obviously, a failure of the breakout above would reverse this bullish view.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the technical parameters are already noted. These updates are meant as a starting point for your further research if interested. I will not personally buy every item highlighted and will sometimes sell (ref. Trade Log) any item that I do buy below target (assuming I’ve not stopped out or sold for some other reason) as I often do. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.