Matthews Emerging Markets Discovery Active ETF Price & Performance (MEMS)

The Matthews Emerging Markets Discovery ETF (MEMS) is approaching a critical resistance level of $24.62, which could trigger significant trading activity. Analysts suggest buying slightly above this level if it breaks higher, while shorting is advised near $24.62 if resistance holds. Stop-loss strategies are crucial for managing risk.1

Matthews Emerging Markets Ex China ETF (MEMX) is nearing a resistance point at $28.4. Traders are advised to short near this level with a downside target of $27.88 or consider buying above $28.4 if resistance breaks, targeting $29.52. Stop-loss thresholds are recommended to mitigate potential losses.2

MEMS is under close watch as it fluctuates between support at $23.67 and resistance at $24.62. A break above resistance could signal a buy, while testing resistance suggests shorting opportunities. Traders are encouraged to utilize stop-loss mechanisms to navigate the ETF's volatility effectively.1