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Short

EWZ - ISHARES MSCI BRAZIL SHORT SETUP

AMEX:EWZ   ISHARES INC ISHARES MSCI BRAZIL ETF
EWZ
35 0 2
ewz
The price seems to build an H&S pattern, not very perfect in shape. A strong support to break is the 27$ level. Look for a breakout confermation in that level for shorting opportunities. Possible target 23$ level. Risk reward ratio 4,7. Possible gain 14,9%.
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