Buy EWZ on confirmation of ascending triangle. Long term downtrend breakout, pullback to negative trend line, and apparent continuation after ascending triangle accumulation pattern.
... for a 1.56/contract credit. Notes: In the top five for high rank/implied in exchange-traded funds. Going out to the first expiry in which the at-the-money short straddle pays greater than 10% of the value of the underlying.
Equilibrium underway on EWZ. POC currently set on support. Will be watching for a push past POC, 50 EMA and 200 SMA to the top of the EQ. If price can do so, i will reevaluate volume profile once closer to resistance and watch for the inevitable break to either side. If price cannot push past, we may break bearish and work to 36.66 support.
HIGH RANK/IMPLIED EARNINGS: CRON (32/82) (Tuesday Before Open) TLRY (50/97) (Tuesday After Close) CSCO (44/27) (Tuesday After Close) WMT (48/23) (Thursday Before Open) NVDA (24/43) (Thursday After Close) AMAT (17/34) (Thursday After Close) CGC (95/87) (Thursday Before Open) JC (30/43) (Friday Before Open) Notes: Looks like it's the "Week of Weed" with CRON,...
Got into some EWZ weekly calls as soon as the market picked a direction on the Fed pump. Lower interest rate means the dollar drops, plus more money o pump the market. Note that this is a quick flip, maybe as early as the open tomorrow.
Watching EWZ here. There are some signs of life. Weekly ha oscillator is near zero line and price is bouncing of kumo and kijun support zone. Daily is showing a reversal candle as well. I'll watch price action in next couple of days and initiate a long if i see follow through. EWZ is also a proxy of sugar and coffee and there are some political factors at play...
AMEX:EWZ Potential ascending triangle of continuation of an inverted trend at the beginning of 2016 in the Brazilian market. In this case a breakout of the resistance could lead to interesting profits, and ETFs are volatile assets that have intense price changes in tight time frames, and a liquidity necessary to allow immediate trading in the trade. finance.yahoo.com
If price can stay above 9 DMA , This can be my Treasure map all the way to the 0.618 Fibonacci retrenchment. #ewz #brzu
Try to enter off the daily but this is a weekly trade.
Bolsonaro. The hated man. But who cares? Things are looking better in Brazil. Flip-flop sales are up due to hot summer across the globe. Drastic reduction in homicide over the last year makes it safer for the population to attend to their daily chores. Price of oil is going up, and soft commodities are gonna start to shine after a long slug. We're entering into...
19-Aug pretiming analysis 1. Recommended Positions => Short-Bearish 2. Price target within 10 days in the future Stock price: 37.32 ~ 37.79 % Change: -8.41% ~ -7.26% 3. Investing section => In Falling section of high risk & low profit 4. Supply-Demand(S&D) strength Trend => In the midst of a downward trend of strong downward momentum...
Massive Head & shoulders on EWZ month graph with neck break
Using macd MTF in weekly and daily time We can see a EWZ Brazil Buy Signal for long trade.
Looks toppy again, might buy puts at the end of the day...