EWT has been maintaining a beautiful ascending trendline support. It has also formed a good support around $13.8 and is currently trading above the support fib at $16.72. As long as EWT is above this fib, we could start seeing a move towards $21.28, $23.28, $25.83, $33.20 and $45.12. Failure to hold the support at $16.72 could lead to a drop towards the support at $13.88 and $11.68 which could be good places to add long orders for EWT. EWT is currently trading at $20.10 with a market cap of $686,629,022. Its 24 hour trading volume was $13,797,194.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.