EWZ monthly - up trend is very strong

iShares Inc iShares MSCI Brazil ETFArca

Description

⋅ Jul 10, 2019 6:10 PM

It has multiple breakouts. RSI, MACD, and long term moving averages are all favorable. I speculate it will revisit all time high in a year or two.

Buy dip and accumulate.

Comment

⋅ Mar 13, 2021 3:48 AM

Wrong again! But I think the pandemic changed the trend. I am still long EWZ for the next 2 to 3 years.