EWZ at decision Point!
Dear Investor,
After falling about 60% from this year's High, the EWZ has started a correction movement in "W" shape.
If the price goes above $26,50, I believe the share will return to trade between $30 and $35 and it'll close the first GAP opened by the coronavirus crisis.
I started my LONG position in this share since $20,00. But, if you want to get in this trade, I think the better entry level is when the price breaks up the $26,50.
Good investments for all.
Best regards,
Lucas Sampaio
________________________
Olá Investidor,
Depois de cair cerca de 60% da máxima desse ano, o EWZ está fazendo um movimento em formato de W.
Se o preço superar $26,50, acredito que alcançará a faixa de preço de $30 a $35, fechando o primeiro GAP desde a forte queda da crise do cornavirus.
Eu já estou comprado desde os $20, mas se quiser entrar nesse trade, acredito que o melhor ponto de compra é após o rompimento do $26,50.
Bons investimentos a todos!
Abraços.
Lucas Sampaio
After falling about 60% from this year's High, the EWZ has started a correction movement in "W" shape.
If the price goes above $26,50, I believe the share will return to trade between $30 and $35 and it'll close the first GAP opened by the coronavirus crisis.
I started my LONG position in this share since $20,00. But, if you want to get in this trade, I think the better entry level is when the price breaks up the $26,50.
Good investments for all.
Best regards,
Lucas Sampaio
________________________
Olá Investidor,
Depois de cair cerca de 60% da máxima desse ano, o EWZ está fazendo um movimento em formato de W.
Se o preço superar $26,50, acredito que alcançará a faixa de preço de $30 a $35, fechando o primeiro GAP desde a forte queda da crise do cornavirus.
Eu já estou comprado desde os $20, mas se quiser entrar nesse trade, acredito que o melhor ponto de compra é após o rompimento do $26,50.
Bons investimentos a todos!
Abraços.
Lucas Sampaio
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