Public trading strategy
Iran peace deal looming — ride the relief rally in Asian tech stocks
Thesis
The Middle East war has been dragging down global tech supply chains and energy prices, but a sudden peace breakthrough changes the outlook overnight. South Korean chip giants are highly sensitive to global shipping and energy costs, so the prospect of peace triggered an immediate surge. With the deal expected to be finalized in the coming days, the momentum in these battered semiconductor stocks likely has room to run as investors rush to buy the dip.
Strategy approach
Build a rule-based strategy that enters long EWY on H4 when the price gaps up more than 2% at the open and RSI(14) is between 50 and 70, with a 10-day max hold and a 2.5% trailing stop.