asdf098

$EWU United Kingdom buy (3/5)

Long
asdf098 Pro Updated   
AMEX:EWU   iShares MSCI
Conviction: 3/5
Main risk is that we will retest previous support at a lower level

Evidence
  • breaking out of LT support (2007)
  • RSI-D recently turned down from overbought levels

Risk
  • Could retest previous resistance at lower levels in the coming weeks/months
  • RSI-M and RSI-W are not showing particular signs of overbought or oversold


Comment:
broke above resistance! increased confidence

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.