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BrunoBoni

BUY EWZ on Bounce Off Double Bottom Neckline Support

Long
iShares Inc iShares MSCI Brazil ETF (AMEX:EWZ)  
BrunoBoni Updated   
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
Chart Patterns Double Top or Bottom
3
2
chartpattern doubletoporbottom
BUY EWZ on bounce off Double Bottom Neckline Support. Stop at yesterday's minimum.
Comment:
Trade stopped on dec 19th 2018. After brief intrusion into the stop zone, prices eventually rebounded indo predicted territory. Sometimes, adding too conservative stop loss level is counterproductive.
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