CosmicDust

EWZ weekly - need gut - 10/2/2015

AMEX:EWZ   ISHARES MSCI BRAZIL CAPPED INDEX FUND
EWZ
29 2 0
ewz
Brazil was hit so hard and things are so bad, and .... it might be time to buy? I do not know.

Technically, it appears to be forming a green support line (might be a fake one though). RSI is forming a support line too.

But it is enticing... even touching the solid red resistance will give you ~ 10% gain, and a breakout to the blue resistance line will give you 70-80% gain.

day dreaming... haha...


I completely agree - bottom picking is very enticing.
Reply
CosmicDust timwest
Thanks Tim. Hope is not a strategy but hopefully this is the bottom.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out