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KondrackiKarl

EWZ About to break a triangle? Target just under $62?

Long
iShares Inc iShares MSCI Brazil ETF (AMEX:EWZ)  
KondrackiKarl Updated   
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
Fibonacci Triangle Elliott Wave bullflags Bullish Flag ABC
3
0
fibonacci triangle elliottwaves bullflags bullishflag abc
Looks like EWZ is about to make a strong move.
Lots of bullish momentum could push the price through.
Not expecting a new impulse leg up
Break below 20ema and psar invalidates idea
Comment:
Estimate probably needs adjusting
Thinking target should be $68

snapshot
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