EWZThe Brazilian market looks like it wants to breakout in a big way. If we can get the USD to weaken then that would give us more evidence that a breakout is coming. Lets wait and see...
EWZ trade ideas
EWZHI MY BRAZILIAN FOLLOWERS me personally seeing brazilian stocks attractive nowadays in terms of creating bullish wedge pattern since 2012 so after it drops to 26 dollar i will buy that in longterm goal.
Goooood Luuuuuuuck
EWZ Tightening In Macro Triangle: Breakout Loading? Here we are looking at EWZ on the Weekly TF!
As you can see, EWZ is currently at its MACRO downwards sloping resistance line, which dates all the way back to 2008 when the Brazilian Market put in its all time highs.
Since then, price has worked its way down, with many break out attempts of this line. Ultimately, each of the breakout attempts thus far have failed, but the chart has always found support at its macro upwards sloping trend line.
As price interacts with resistance, it’s important to recognize that price has really began squeezing between resistance and support, as it works to the APEX of this Macro Triangle structure.
If the EWZ continues to fall from its latest test, we should look for it find support at about $25, where the current support line rests around. Ultimately, I expect this to break out from resistance, and IF it can, I’d expect a nice run to follow!
As always this isn’t intended as financial advice, and I always recommend making your own financial decisions!
I will continue to update you on this chart as I see fit… Cheers!
EWZHi,Guys EWZ it lokks like a rocket which is filling its fuel tank ready for its taker off and over 30 percent gain on that ...if you dont have this etf in your basket dont jump on gun please wait it breaks the wedge pattern to the upside then after retrace maybe you can find long setup.....
Goooooood Luuuuuuuuck
Brazil looks like a good opportunity. On the longer term, Brazil looks to be an attractive opportunity. It is a very resource rich country coming into a commodity boom.
3 Benefits That The BRICS Nations ProvideThe BRICS nations are emerging countries
and significant share of the global population
--
It provides foreign direct investments
such as:
Financial services
Mining
Transportation
--
The BRICS is facing challenges like the global health crisis,
global governance among its members, and
internal agendas among its members with differing opinions
--
How is BRICS Helping Africa?
--
By providing digital and physical infrastructure
to foster development
--
Why Do Countries Want To Join BRICS?
--
This is to strengthen political ties
with eastern countries
--
Why Is BRICS Important To The Economy?
--
Because the BRICS Nations account for 17%
of global trade
--
Disclaimer:
Do not take anything in this article as financial advise or as factual information.
Do your own research before you trade.
--
Trade safe,
Lubosi Forex
EWZ Broadening Top PatternHere we have what looks like another expanding top forming with ABC correction. If this plays out, we will look for another bullish candle at a support zone, followed by an open higher. Buys moving up from there could signal an opportunity to join the momentum.
Buy EWZ on rate cutsHello friends.
We think that this is a good time to put money into Brazil.
The factors that make Brazil appear bullish are the rate cuts, crashing local inflation, and emerging bullish trend in price. We also like that the price has formed what looks like an impulsive wave structure.
Our trading plan is to purchase some EWZ at the market open on Monday, and hold it for 1-3 months from there. It's a swing trade.
Is Brasil breaking up?This multi-year pattern is critical, and may start coming up but it can also go sideways for a long time.
What do you think?
EWZ (brazil) has bullish signal for long term (education purposeAs you can see, the chart shows price have been consolidating with in very narrow range for several years. The price movement were stack in range bound since long time ago. However, the soybean and brazil currency are going to the moon. And that will improve brazil (hodsus brazil)
An investment allocation has been made, using 4% of the total portfolio, to capitalize on this breakout. This allocation appears to be a calculated risk, as it's a relatively small percentage of the overall portfolio, which helps in managing risk.
In addition, this investment offers a dividend yield of 8%. Dividends are payments made by companies to their shareholders, and an 8% yield is relatively high. This could provide a buffer against price fluctuations and contribute to total returns.
EWZ PlatinumWhat does these 2 instruments have in common?
Same capital flows?
Or just a coincidence?
EWZ Breakout ContinuationLong Idea.
Since Q4 2022, AMEX:EWZ has been trading below the 200D and has recently seem some breakout gaps to the upside with some relatively high volume. I looked at option flow today (4/13) and 34s and 39s got lit up (seeing volume of 37K for each strike).
Now, my first impression was that this could be a short. However, I'm willing to challenge my initial idea and go long here, trading the breakout to the upside.
Buy targets: 29 / 28.5 / 28
Profit targets: 30.5 / 31 / 32 / 33
Trade is invalidated < 27.5, or acceptance back into the monthly distribution.
Brazil Ishares MSCI ETF (EWZ) $EWZBrazil Ishares MSCI ETF (EWZ)
27.01 +0.33 (+1.24%) 03/29/23
27.29 x 8 27.50 x 1 POST-MARKET 27.31 +0.30 (+1.11%)
Signal Strength is a long-term
EWZ Dividend Information
EWZ has a dividend yield of 13.04% and paid $3.52 per share in the past year. The last ex-dividend date was Dec 13, 2022
www.nasdaq.com
Brazil looking interestingText book multi year triangle pattern has formed. This is one to watch over the next few weeks!
I plan to pick some up at $24
Is it time for $EWZ to shine?EWZ looks to be in an important support and maybe this is the time for it to lead emerging markets higher in an inflationary world.
Brazil ($EWZ) ShortSomeone is betting against Brazil with $EWZ 6/16 22 Puts 28,000x at .47, $1.32mm position.
The Brazilian economy has faced several challenges in recent years, including political instability, high inflation rates, a weakening currency, and a slow economic growth rate. Brazil's GDP shrank by 4.1% in 2020 due to the COVID-19 pandemic, and the country is still struggling to recover from the economic fallout.
Additionally, Brazil has a complex tax system, high bureaucratic costs, and issues with corruption, which can make it difficult for businesses to operate efficiently and attract foreign investment.
The United States may impose sanctions on Brazil if it believes that Brazil has engaged in activities that are counter to its interests or violate international norms, regardless of Brazil's membership in the BRICS group. For example, the United States has imposed sanctions on Russia, a fellow BRICS member, in response to its actions in Ukraine and alleged interference in U.S. elections. Brazil, along with Russia, India, China, and later South Africa, formed the BRICS group in 2006 with the aim of increasing their influence in global affairs and promoting economic development. Brazil and Russia share similar views on some geopolitical issues, such as their support for a multipolar world order and their opposition to Western military intervention. Joining forces with Russia and the other BRICS countries can help Brazil advance its interests on these issues.
3/17 Iron Condor Trade Idea, $EWZ (Brazil ETF)Iron Condor Trade Idea
+1 $36 call 3/17
-1 $35 call 3/17
--{share price: $30.59}--
-1 $25 put 3/17
+1 $24 put 3/17
Credit TBD ($20 - $24).
Collateral $100.
4:1 risk:reward
Sentiment Let's continue to observe the social moods in the world.
The main news today is the unrest in Brazil: supporters of former President Jair Bolsonaro stormed the Congress, the Supreme Court and the Presidential Palace. They are protesting against the election of Luis Inacio Lula da Silva as president, calling for a coup d'état, the annulment of elections and the imprisonment of da Silva.
Let's try to assess the prospects for Brazil by correlation with the iShares MSCI Brazil ETF, which includes indicators in US dollars. It peaked in 2008 and has been losing over 60% since then.
The long-term downtrend began shortly after former US President Obama called then-President of Brazil da Silva "the most popular politician on earth."
Whether this is the bottom remains to be seen, but it certainly deserves attention.
EWZ Short Put - $25 (Jan 20th)*EWZ trades in a range with support level at $25,5
*open -P $25 (Jan 20th) at bearish candle
*neutral
*Credit (0,77$)
When will Brazil ETF break out of wedge?Brazil ET could eventually bottom out at lower wedge trendline @$23 before breaking out.
Opening (Margin): EWZ January 20th 25 Short Puts... for a .95/contract credit.
Comments: High IVR/IV at 79/58. .95 credit on buying power effect of 2.52. 37.7% ROC at max, 218.4% annualized; 18.8% at 50% max, 109.2% annualized. Will generally look to take profit at 50% max.
Long Options Strategy on EWZElections in Brazil have more or less settled down, and so has the initial volatility following results. While there is still some pessimism about President Luiz Inacio Lula da Silva's victory and consequent spending, the economy seems fundamentally strong enough to support it. Expanding the portfolio to foreign countries, iShares MSCI Brazil ETF (EWZ) includes exposure to commodities and oil/gas giants such as Petrobras and Vale.
Looking at the weekly chart, EWZ may rise to follow the bull flag, but this hedged options strategy can protect from a fall of <26% (to below $21.83) as of 6/16/23 while still maintaining the potential to quickly make up to 10% (18% annualized). EWZ is attractive to long-term investors as a dividend stock, which may buoy its valuation as well.
Buy 1 $29 Call
Sell 1 $31 Call
Sell 1 $22 Put
All expiring 6/16/23
Capital requirement: $2183
