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asdf098
Jan 25, 2022 9:05 PM

$EWU United Kingdom buy (3/5) Long

AMEX:EWU1M
iShares MSCI United Kingdom ETFArca

Description

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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

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broke above resistance! increased confidence
Support and Resistancejanuary2022buy
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