"Society which, according to its particular structure, shapes education in relation to the ends and interests of those who control the power in that society."
- Paulo Freire.
look for BRZU back up to $100 in spring time of 2023
Countries with large coastlines, commodity dominating economies, stable governments, and proximity to the world's largest economies will excel in the current macro economic environment. Charted are a comparison of the ETF''s of Brazil, Argentina, Peru, and Chile, along with the major mining and energy companies in those countries. These are gonna keep moving up this year.
The fund invests at least 80% of its net assets in financial instruments. It is designed to measure the performance of the large and mid-cap segments of the Brazilian equity market, covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers.
Over the last three days, I have detected that BRZU's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month....
I'll keep it simple.
BRZU has been playing within an ascending triangle and is now near support - Easy R:R play with good potential to play out.
Appears to be nearing the end of a long-term downtrend in my opinion.
Seguindo o mercado, a AMEX:BRZU , ETF Bullish do mercado brasileiro, corrigiu e encontrou a média móvel de 200 períodos.
Ponto interessante para entrar na compra.
Vou analisar de perto o desempenho na segunda e terça para determinar a entrada na compra.