Matthews Korea Active ETF Price & Performance (MKOR)

The Matthews Korea Active ETF (MKOR) is grappling with conflicting trading signals. Technical data suggests buying near $21.79 with an upside target of $22.93, while shorting near $22.93 targets $21.79. The stock's resistance at $22.93 is pivotal, with potential breakouts signaling opportunities for day and swing traders.1

MKOR, despite weak ratings in short and mid-term analyses, holds potential for recovery. Analysts highlight its decent credentials and suggest that strategic buying near support levels could yield gains. The ETF's ability to break resistance at $22.93 could be a key factor for future performance in a volatile market.2